2 : Through May 31, 2017, Blackstone Alternative Investment Advisors LLC (the “Adviser”) has agreed to waive its fees and/or reimburse expenses of the Fund so that certain of the Fund’s expenses, together with the Fund’s management fees, will not exceed 2.40% annualized (for Class D, Class I and Class Y Shares) and 2.55% annualized (for Class R Shares). Bright Health Group's shares fell more than 5% in their New York Stock Exchange debut on Thursday, valuing the Tiger Global and Blackstone Group Inc backed health insurance startup at … We want to ensure that you are kept up to date with any changes and as such would ask that you take a moment to review the changes. He has served on a number of private equity, property and hedge fund boards as well as commercial companies. BLACKSTONE PRIVATE CREDIT FUND . In connection with breaking escrow, BCRED issued and sold 32,560,141 shares of its common stock in the Offering. It's one of the few core-plus strategy funds that many institutional investors feel should be part of the bedrock of a real estate portfolio (along with core). Since the last time you logged in our privacy statement has been updated. For more information on capital raising and different types of commitments made by the underwriter, please see our underwriting overview. This investment involves a high degree of risk. Real Estate Private Equity Hedge Fund Solutions Credit Blackstone today announced that Blackstone Private Credit Fund, the firm s non-listed business development company, broke ... Blackstone Private Credit Fund Breaks Escrow with Net Proceeds of $814 Million Our mission is to create long-term value for our investors through the careful stewardship of their capital. Latest News: Get all the latest India news, ipo, bse, business news, commodity, sensex nifty, politics news with ease and comfort any time anywhere only on Moneycontrol. Jan 23 2017-REIT IPO for Blackstone Group’s Invitation Homes Inc Aims to Raise $1.5bil via Public Offering. expenses of the Fund so that certain of the Fund’s expenses, together with the Fund’s management fees, will not exceed 2.40% annualized for Class I shares. September 30, 2020 . Net performance is net of the Gross When Saudi Arabia pledged as much as $20 billion to help Blackstone Group LP build the world's largest infrastructure fund… Blackstone Private Credit Fund (“BCRED”) is a non-exchange traded business development company (“BDC”) that expects to invest at least 80% of its total assets (net assets plus borrowings for investment purposes) in private credit investments (loans, bonds and other credit instruments that are issued in private offerings or issued by private companies). BX LCS’s investment strategy for the Fund is focused primarily on investments in below-investment grade corporate credit. Blackstone today announced that Blackstone Private Credit Fund ("BCRED"), the firm's non-listed business development company ("BDC"), broke escrow with approximately $814 million in net proceeds for its continuous public offering on January 7, 2021. Blackstone Private Credit Fund (“BCRED”) is a non-exchange traded business development company (“BDC”) that expects to invest at least 80% of its total assets (net assets plus borrowings for investment purposes) in private credit investments (loans, bonds and other credit instruments that are issued in private offerings or issued by private companies). BLACKSTONE PRIVATE CREDIT FUND (BCRED) THE APPEAL OF PRIVATE CREDIT Attractive risk and return profile compared to other fixed income sectors4 Blackstone | 3 4. Past performance does not guarantee future results. In connection with breaking escrow, BCRED issued and sold 32,560,141 shares of its common stock in the Offering. October 5, 2020 . investment platform, Blackstone Credit (“BXC”). 3 days ago. EDGAR Filing Documents for 0001193125-20-265660. Our partnership is your path forward. Prospectus Blackstone Private Credit Fund Class S, Class D and Class I Shares Maximum Offering of $5,000,000,000 Blackstone Private Credit Fund is a Delaware statutory trust that seeks to invest primarily in originated loans and other securities, including broadly syndicated loans, of … Before joining Blackstone in 2010, Ms. McCarthy worked at Goldman Sachs, where she was a Vice President focused on investments for the Real Estate Principal Investment Area. Blackstone Capital Partners About Blackstone Capital Partners. Our Credit business is a leading, global alternative investor, managing assets on behalf of many of the world’s most prominent and sophisticated allocators, including public and private pensions, sovereign wealth funds, large institutions and private clients. Throughout the prospectus, we refer to Blackstone Private Credit Fund as the “Fund,” “we,” “us” or “our.” We are a non-diversified, closed-end management investment company that has elected to be regulated as a business development company (“BDC”) under the Investment Company Act of 1940, as amended (the “1940 Act”). ... contains this and other information about the fund. 0001193125-21-087615.txt. BX LCS, a wholly-owned subsidiary of The Blackstone Group Inc. and an affiliate of BAIA, is an investment adviser within Blackstone’s global credit investment platform, Blackstone Credit (“BXC”). The shares were bought at an average cost of Rs 38.44 per share, as per the red herring prospectus. You should purchase these securities only if you can afford the complete loss of your investment. : 000000000 | Fiscal Year End: 1231. How Blackstone landed $20 billion from Saudis for new fund. This will be the biggest listing locally by the Indian auto components firm. Blackstone Private Credit Fund ("BCRED") today announced that it broke escrow as of January 7, 2021 with approximately $814 million in net proceeds for its continuous public offering (the "Offering"). The prospectus confirmed earlier revenue estimates of more than $400m in 2020 — $421m to be precise, up from $204m in 2019 — though losses widened from … The Fund strives to deliver an alternative source of yield to traditional fixed income by focusing on the private credit market. Fund will be able to dispose of its investments on the terms or at the time it wishes to do so. The prospectus of Blackstone Alternative Multi-Strategy Fund (“BAMSF” or the “Fund”), a series of Blackstone Alternative Investment Funds (the “Trust”), dated July 30, 2018 (the “Prospectus”), provides information investors should know before investing. As of January 1, 2015. Real Estate Private Equity Hedge Fund Solutions Credit The fund relies on other parties to fulfill certain services, investments or transactions. Blackstone Real Estate Income Trust Review 2021 Real . Equity Funds”), the Blackstone real estate debt funds (the “Real Estate Debt Funds”), and core+ real estate private equity funds (the “Core+ Real Estate Private Equity Funds”) are substantially different from the investment program and objectives of BREIT, despite each strategy focusing on making real estate-related investments. Exhibit 10.14 . All investors are urged to carefully read the prospectus and, if available, the summary prospectus, in its entirety before investing. With leverage, BCRED may have approximately $1.8 billion of investable capital. Cooley LLP advised SoftBank Vision Fund 2 on the deal. All investors are urged to read the prospectus carefully before investing. interest expenses, commitment fees, or other expenses related to any line of credit of the Fund), (v) taxes, (vi) dividends and interest on short positions, and (vii) extraordinary expenses (in each case, as determined in the sole discretion of the Adviser). BCRED intends to continue selling shares in the Offering on a monthly basis. Blackstone Securities Partners L.P. (“BSP”), a subsidiary of The Blackstone Group Inc. (“Blackstone”) through which Blackstone conducts its capital markets business and certain of its fund marketing and distribution, member FINRA. Throughout the prospectus, we refer to Blackstone Private Credit Fund as the “Fund,” “we,” “us” or “our.” We are a non-diversified, closed-end management investment company that has elected to be regulated as a business development company (“BDC”) under the Investment Company Act of 1940, as amended (the “1940 Act”). 0001193125-20-265660. New York, NY, January 12, 2021 – Blackstone today announced that Blackstone Private Credit Fund (“BCRED”), the firm’s non-listed business development company (“BDC”), broke escrow with approximately $814 million in net proceeds for its continuous public offering on January 7, 2021.With leverage, BCRED may have approximately $1.8 billion of investable capital. Blackstone is a leading global investment business investing capital on behalf of pension funds, large institutions and individuals. Applicants: GSO Asset Management, LLC (the “Current Investment Adviser”) and Blackstone Private Credit Fund (“BCRED”). With leverage, BCRED may have approximately $1.8 billion of investable capital. 1473378. GSO European Senior Debt Fund II is the firm’s second drawdown private credit fund targeting European companies. - J.C. 46666. Blackstone's asset management businesses include investment vehicles focused on private equity, real estate, hedge fund solutions, non‐investment grade credit, secondary funds, and multi asset class exposures falling outside of other funds' mandates. Private equity giant The Blackstone Group (NYSE: BX) has filed registration documents with the Securities and Exchange Commission for a new interval fund, the Blackstone/GSO Floating Rate Enhanced Income Fund. In 2012, Blackstone went paperless with its Annual Reports and now releases Annual Chairman's Letters online. The Fund seeks to track the Indxx Private Credit Index, which provides passive exposure to listed instruments that emphasize private credit, including business development companies (BDCs) and closed-end funds (CEFs). Our alternative asset management businesses include the management of private equity funds, real estate funds, hedge fund solutions, credit- oriented funds and closed-end funds. Before Credit Suisse, Harry served as CTO & Managing Director for UBS Americas. Blackstone has built a track record of strong performance across a broad array of asset classes, from private equity and real estate, to hedge funds and credit. The prospectus contains this and other information about the Fund. Blackstone Group Inc is an alternative asset manager with more than $350 billion in assets under management. Through January 31, 2022, Blackstone Liquid Credit Strategies LLC (“Blackstone LCS”) has agreed to waive its fees and/or reimburse certain expenses of the Fund to the extent that certain of the Fund’s specified expenses would exceed the total expense cap of 0.35% of the Fund’s net assets (annualized). BREIT is a non-listed REIT that invests in primarily stabilized commercial real estate properties with a focus on providing current income. Credit ratings are categorized using S&P. Leveraging Blackstone’s institutional-caliber investment approach, BCRED aims to provide income-focused individual investors access to private credit in a continuously offered fund structure. Mailing Address 345 PARK AVENUE 31ST FLOOR NEW YORK NY 10154. Business Address 345 PARK AVENUE 31ST FLOOR NEW YORK NY 10154 212-503-2100. Blackstone/GSO Floating Rate Enhanced Income Fund plans to invest at least 80 percent of … Its predecessor garnered €1.96 billion in committed capital and had €1.5 billion in available capital for the fund, according to GSO’s fourth-quarter investment records as … Blackstone today announced that Blackstone Private Credit Fund ("BCRED"), the firm’s non-listed business development company ("BDC"), broke escrow with approximately $814 million in net proceeds for its continuous public offering on January 7, 2021. Blackstone Private Credit Fund ("BCRED") today announced that it broke escrow as of January 7, 2021 with approximately $814 million in net proceeds for its continuous public offering (the "Offering"). Real Estate Private Equity Hedge Fund Solutions Credit This investment involves a high degree of risk. 1182128. In connection with breaking escrow, BCRED issued and sold 32,560,141 shares of its common stock in the Offering. 1 Dividends since IPO include $0.59/share of value distributed to shareholders upon spin-off of PJT on October 1, 2015. Contact the Fund at 1-877-299-1588 or visit the Fund’s website at www.blackstone-gso.com for additional information. All investors are urged to read the prospectus carefully before investing. New York, NY, January 12, 2021 – Blackstone today announced that Blackstone Private Credit Fund (“BCRED”), the firm’s non-listed business development company (“BDC”), broke escrow with approximately $814 million in net proceeds for its continuous public offering on January 7, 2021. Please see the Fund’s Prospectus at www.bxmix.com. 424B3. Blackstone Private Credit Fund (“BCRED”) today announced that it broke escrow as of January 7, 2021 with approximately $814 million in net proceeds fo Blackstone today announced that Blackstone Private Credit Fund , the firm’s non-listed business development company , broke escrow with approximately $814 million in net proceeds for its... | … DealBook Newsletter Regulators Feel Torn About Cryptocurrencies. This investment involves a high degree of risk. * The Fund did not approve a tender offer with a December 31, 2020 valuation date. “Private Credit” is represented by the Cliffwater Direct Lending Index. Product. In 2012, Blackstone went paperless with its Annual Reports and now releases Annual Chairman's Letters online. Throughout this presentation, select examples of investments of prior or other Apollo funds (including, without limitation, Apollo Credit Opportunity Fund I, L.P. and its parallel funds … Financial data is estimated and unaudited As of December 31, 2020, unless otherwise indicated. BGB’s primary investment objective is to seek high current income, with a secondary objective to seek preservation of capital, consistent with its primary goal of high current income. As always, this rating system is designed to be used as a first step in the fund evaluation process. the prospectus for Blackstone Diversified Multi-Strategy Fund (the "Fund") dated 19 December 2019 (together “the Prospectus”). Ratings, which are subject to change, apply to the creditworthiness of the issuers of the underlying securities and not to the Fund or its shares. SoftBank Vision Fund 2 announced its co-lead investment in the Flipkart Group’s $3.6 … Please read the prospectus … With leverage, BCRED may have approximately $1.8 billion of investable capital. Photograph: Pietro Recchia/SOPA Images/Rex/Shutterstock Blackstone Private Credit Fund (Filer) CIK: 0001803498 (see all company filings) IRS No. Fund Solutions Private Equity Real Estate Credit Fund assets6 $3,603 million Inception date June 16, 2014 Investment advisor Blackstone Alternative Investment Advisors, LLC Eligible investors US taxable & tax-exempt Liquidity Daily CUSIP 09257V201 Performance is presented through November 30, 2015. Filing Dates: The application was filed on March 26, 2020 and amended on July 28, 2020. Structure. Blackstone today announced that Blackstone Private Credit Fund ("BCRED"), the firm’s non-listed business development company ("BDC"), broke escrow with approximately $814 million in … 2 : Through May 31, 2017, Blackstone Alternative Investment Advisors LLC (the “Adviser”) has agreed to waive its fees and/or reimburse expenses of the Fund so that certain of the Fund’s expenses, together with the Fund’s management fees, will not exceed 2.40% annualized (for Class D, Class I and Class Y Shares) and 2.55% annualized (for Class R Shares). Blackstone Strategic Credit Fund (“BGB” or herein, the “Fund”) is a closed‐end term fund that trades on the New York Stock Exchange under the symbol “BGB”. 15th July 2021 - Author: Steve Evans. Blackstone today announced that Blackstone Private Credit Fund ("BCRED"), the firm’s non-listed business development company ("BDC"), broke escrow with approximately $814 million in … The prospectus contains this and other information about the fund. The Fund’s primary Materials from previous years are available below in PDF format. MULTIPLE CLASS PLAN . • Founded in 1985, Blackstone Group has total assets under management of approximately $284 billion ($80.2 billion in real estate, $69.9 billion in private equity, $64.2 billion in hedge fund solutions and $70.2 billion in credit businesses) • Blackstone employs approximately 910 employees globally, of which 140 are Senior Managing Directors Facebook cofounder Eduardo Saverin’s B Capital and New York-based investment major Tiger Global are in advanced negotiations to pick up stake in e-pharmacy PharmEasy, three people aware of the matter said. Performance data quoted represents past performance and does not guarantee future results. expenses of the Fund so that certain of the Fund’s expenses, together with the Fund’s management fees, will not exceed 2.40% annualized for Class I shares. Blackstone Private Credit Fund ("BCRED") today announced that it broke escrow as of January 7, 2021 with approximately $814 million in net proceeds for … This article is intended to provide readers with a deeper understanding of how the capital raising process works and happens in the industry today. Blackstone Capital Partners is a private equity general partner firm with offices in Australia, China, France, Germany, Hong Kong, India, Japan, Singapore, South Korea, United Arab Emirates, United Kingdom and United States. This Statement of … This and other information can be found in the Fund’s summary or full prospectuses. The Directors are responsible for preparing the Directors’ Report and the financial statements in accordance with applicable law Source: InvestHedge Billion Dollar Club (as of September 2014) based on AUM. BREIT is a perpetual-life, institutional-quality real estate investment platform that brings private real estate to income-focused investors. BlackRock Credit Strategies Fund is an unlisted closed-end management investment company that is continuously offered and is operated as an “interval fund.” Under normal conditions, the Fund will invest at least 80% of its Managed Assets in fixed-income securities, with an emphasis on public and private corporate credit. 2 DATED JANUARY 12, 2021 TO THE PROSPECTUS DATED DECEMBER 7, 2020 This prospectus supplement (“Supplement”) is part of and should be read in conjunction with the prospectus of Blackstone Private Credit Fund (the “Fund”), dated December 7, 2020 (as supplemented to date, the “Prospectus”). GSO / Blackstone Debt Funds Management LLC, an affiliate of GSO Capital Partners LP ("GSO"), announced that Blackstone / GSO Long-Short Credit Income Fund (the "Fund… ; BSP is a broker-dealer whose purpose is to distribute Blackstone managed or affiliated products. 1 (this “Amendment No. This Amendment No. Blackstone Private Credit Fund . Data is as of June 30, 2021. Learn what an IPO is. Additional information regarding our operations is available in our annual and interim financial statements filed with the U.S. Securities and Exchange Commission (“SEC”). Bridgepoint, the private equity group behind the restaurant group Itsu, is planning to raise £300m with a stock market flotation in London. 0 Blackstone Real Estate Income Trust (BREIT) Blackstone Advisory Partners L.P., Dealer Manager / Member FINRA November 2018 This is neither an offer to sell nor a solicitation of an offer to buy the securities described herein, and must be read in conjunction with the prospectus in order to You should purchase these securities only if you can afford the complete loss of your investment. Blackstone Private Credit Fund (“BCRED”)is a non-exchange traded business development company (“BDC”)that expects to invest at least 80% of its total assets (net assets plus borrowings for investment purposes) in private credit investments (loans, bonds and other credit instruments that are issued in private offerings or issued by private companies). 12 January 2021. BX LCS’s investment strategy for the Fund is focused primarily on investments in below-investment grade corporate credit. The Fund seeks to provide high total investment return through a fully managed investment policy utilizing U.S. and foreign equity, debt and money market securities, the combination of which will be varied from time to time both with respect to types of securities and markets in response to changing market and economic trends.For more information read our monthly commentary BX LCS, a wholly-owned subsidiary of The Blackstone Group Inc. and an affiliate of BAIA, is an investment adviser within Blackstone’s global credit. Sona Comstar IPO will hit the market on 14 June 2021. Apollo seeks uncommon opportunities through diverse strategies designed to generate a range of returns, enabling investment offerings to meet each investor’s return requirements while balancing their risk appetite and need for liquidity. Will not sum to pie chart due to rounding. Blackstone Private Credit Fund ("BCRED") today announced that it broke escrow as of January 7, 2021 with approximately $814 million in net proceeds for … QTS Realty Trust (NYSE: QTS) ("QTS" or "the Company") and Blackstone (NYSE: BX), today announced that they have entered into a definitive agreement under which Blackstone … For a current prospectus, please click on the fund name. This prospectus supplement (“Supplement”) is part of and should be read in conjunction with the prospectus of Blackstone Private Credit Fund (“we” or the “Fund”), dated December 7, 2020 (as supplemented to date, the “Prospectus”). What We Do. Blackstone today announced that Blackstone Private Credit Fund ("BCRED"), the firm’s non-listed business development company ("BDC"), broke escrow with approximately $814 million in … Blackstone Private Credit Fund (Filer) CIK: 0001803498 (see all company filings) IRS No. 8. Complete submission text file. Contacts Blackstone / GSO Long Short Credit Income Fund … The prospectus and, if available, a summary prospectus, contain this and other information about the Fund. Source: InvestHedge Billion Dollar Club (as of December 2014) based on AUM. Prior to an IPO, a company is considered a private company, usually with a small number of investors (founders, friends, family, and business investors such as venture capitalists or angel investors). “Senior Loans” is represented by the S&P/ Officials at the Federal Reserve and elsewhere debate the merits, or lack thereof, of digital assets. Blackstone Real Estate Fund Prospectus. Complete submission text file. The Morningstar Rating™ for funds is calculated for management investment company products registered under the Investment Company Act of 1940 (including mutual funds, exchange-traded funds and closed-end funds) with at least a three-year history. You should purchase these securities only if you can afford the complete loss of your investment. Shareholder Relations. BLACKSTONE PRIVATE CREDIT FUND SUPPLEMENT NO. Blackstone Private Credit Fund ("BCRED") today announced that it broke escrow as of January 7, 2021 with approximately $814 million in net proceeds for its continuous public offering (the "Offering"). Blackstone Real Estate Income Trust, Inc. (“BREIT”) is a perpetual-life, institutional quality real estate investment platform that brings private real estate to income-focused investors. Previously she was responsible for marketing Blackstone’s real estate private investment funds. - Blackstone agreed to acquire a minority stake in AIG's life and retirement business for $2.2 billion. Toronto, Ontario--(Newsfile Corp. - June 10, 2021) - MJ Innovation Capital Corp. (TSXV: MSMJ.P) ("MJ") is pleased to announce that it has entered into a definitive agreement dated June 10, 2021 (the "Definitive Agreement") with SPARQ Systems Inc. ("SPARQ") pursuant to which MJ has agreed to acquire all of the issued and outstanding common shares in the capital of SPARQ (the "SPARQ …
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