Gross sales into the agency’s wealth channel within the first quarter of 2024 stood at $8bn, as subscriptions elevated 83% from the earlier quarter throughout Blackstone’s three massive scale perpetual automobiles BREIT, BCRED and the newly-launched personal fairness fund BXPE.
In an investor name on Thursday (18 April), Grey stated this was reflective of bettering market sentiment, with BCRED main the best way elevating $2.9bn, adopted by BXPE, which raised $2.7bn in its debut quarter.
Inside Blackstone’s multi-million greenback mission to democratise personal markets
The agency’s actual property automobile BREIT, whic…
