BlackRock Private Equity Partners closed on over $3 billion in total capital commitments for its debut Secondaries & Liquidity Solutions strategy.
The largest fundraise for an inaugural private equity secondaries strategy globally to date, the new fund handily exceeded its initial target of $1.5 billion with more than 70 institutional investors committing capital. Participants including new and existing investors to BlackRock Private Equity Partners as well as BlackRock Alternative investors.
“The success of this debut secondaries fundraise demonstrates the confidence our investors have placed in our strategy, which leverages the unique and expansive capabilities . . .
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