July 20, 2017
Blackstone making bets on permanent investment funds
“We love to hold our winners” ~ Blackstone president Tony James

By Konrad Putzier | The Real Deal

The Blackstone Group plans to focus more of its fundraising on long-term investment funds, the firm said during an earnings call Thursday.

“We love to hold our winners,” Blackstone’s president Tony James said. “Generally speaking we see us moving more and more towards permanent capital vehicles.”

Traditionally, Blackstone has invested in real estate with money from its closed-ended, opportunistic funds — vehicles with a fixed lifespan that require the firm to sell properties a few years after buying them to return cash to investors. But in 2014 it launched its first open-ended core-plus real estate fund, which does not have a fixed end date and focuses on more low-risk assets.

Read Full Article Here

Recent

Why Apollo Launched Non-traded REIT in the Eye of the Storm

Why Apollo Launched Non-traded REIT in the Eye of the Storm

Randy Anderson, partner at Apollo Global Management and co-CEO of US-based fund Apollo Realty Income Solutions (ARIS), expects to see options to invest the $409m of capital its non-traded real estate investment trust (Reit) raised over the past year.

Most Popular

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update 10-3-2023 Blue Vault wishes to acknowledge and apologize for the delay in publishing some Q2 2023 NTR Individual Performance Pages (IPPs) as well as the full review. We recently added additional reporting metrics to our IPPs, and that, combined with coverage of all share classes and some additional…
Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update 9-25-2023 Blue Vault has published the Q2 2023 Nontraded BDC Industry Review as well as Individual Performance Report and Limited Operations pages for the following offerings (newly published pages in bold font): Nontraded REITS American Healthcare REIT Q2 2023 Apollo Realty Income Solutions Q2 2023 (limited operations) Ares…

Explore

Blue Vault Logo
Don’t miss alts news
and educational events

Subscribe Now