Blackstone Announces $30.4 Billion Final Close for Largest Real Estate Drawdown Fund Ever
Posted - 13.04.2023
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Elvinger Hoss Prussen represented Blackstone as to matters of Luxembourg law in the establishment of its tenth global opportunistic real estate fund, Blackstone Real Estate Partners X (Lux) SCSp, the Luxembourg parallel fund of Blackstone Real Estate Associates (Offshore) X L.P. ("BREP X"). Blackstone has announced that BREP X closed with a record $30.4 billion in capital commitments, making it the largest real estate or private equity drawdown fund ever raised.