Blackstone Closes $8.7 Billion Energy Transition Fund
Blackstone Energy Transition Partners V reached its $8.7 billion hard cap, more than 50% larger than its predecessor. The fund began investing in June and has backed multiple platforms and acquisitions.
Blackstone Inc. said Blackstone Energy Transition Partners V has completed its final close at $8.7B, reaching the fund’s hard cap. It is over 50% larger than its predecessor. The fund began investing in June and has backed multiple platforms and acquisitions.