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.