Blackstone raises $8.75bn for private debt strategy
Blackstone closed its fourth fund in a series of private debt vehicles this month with a total of $8.75 billion in committed capital.
Blackstone Capital Opportunities Fund IV’s close was ahead of its publicly reported target of $7.5 billion and is larger than COF III that closed at $7 billion. The opportunistic private debt strategy has nearly a 15-year track record of handling private financings for businesses of all sizes and across industries, officials said.
“We believe our track record, scale and structuring expertise position us as a valuable partner to . . .
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