Blackstone closes eighth fund at $11.1bn
Strategic Partners, Blackstone’s secondary and fund solutions business, has reached the final close on over US$11 billion for Strategic Partners VIII L.P. and its related committed program vehicles (collectively called SP VIII).
Strategic Partners is one of the world’s largest global secondary platforms, providing investors the opportunity to monetize and manage their illiquid investment holdings.
Similar to past funds, SP VIII’s diversified investor base comprises pension funds, sovereign wealth funds, financial institutions, endowments, foundations, family offices and high net worth individuals from over 30 countries.
Country updates
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July 22, 2019
Louisiana issues notice of intent for I-12 to Bush road project
The Louisiana Department of Transportation and Development (DOTD) in the USA has issued Notice of Intent for a new public-private partnership project (P3) for the LA 3241: I-12 to Bush proje...
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July 22, 2019
Blackstone closes US$14bn for Blackstone Infrastructure Partners Fund
Blackstone Infrastructure has held the final close of its inaugural fundraising phase for Blackstone Infrastructure Partners (BIP). Together with previously announced commitments, this clos...
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July 19, 2019
Qualifications submitted for utility system contract at University of Iowa
The University of Iowa in the USA has received a number of qualifications in response to the RFQ issued earlier. The university is planning to move ahead with the concession procedure and planning to...
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July 18, 2019
Louisiana Teachers invests US$50m in GIP IV
The Teachers’ Retirement System of Louisiana (TRSL) has invested a US$50 million commitment into Global Infrastructure Partners IV Fund, managed by Global Infrastructure Partners. The Fund...
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July 18, 2019
FTA to back USD5.5bn transit project in the USA
Federal Transit Administration (FTA) in the USA has announced that it will begin discussions with Santa Clara Valley Transportation Authority (VTA) regarding its participation in the Expedited Project...
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