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Blackstone: New $2.6bn Secondaries Real Estate Fund Explained

Blackstone, a renowned private equity firm with assets under management of approximately $1 trillion, has successfully completed fundraising for its largest-ever real estate vehicle.

Blackstone New York Headquarters. PHOTO: Michael Bucher/WSJ
Blackstone New York Headquarters. PHOTO: Michael Bucher/WSJ

This particular fund is dedicated to acquiring stakes in funds offered by other private investment firms that focus on real estate. The aim is to take advantage of the increasing need for liquidity

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