Blackstone (BX) announced the final close of Blackstone Capital Opportunities Fund V, with over $10B of investable capital. The fund was oversubscribed and closed at its hard cap. This fundraise builds on Blackstone Credit & Insurance’s 20-year track record investing through market cycles. Blackstone’s opportunistic credit strategy has generated a 13% net IRR since inception in 2007. Blackstone manages $520B of total assets across corporate and real estate credit.
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