Blackstone Energy Partners Closes at US$2.5 Billion (Global)

Source: Blackstone

Global investment firm Blackstone has announced the final closing of its first dedicated energy-focused private equity fund, Blackstone Energy Partners, with US$2.5 billion in total commitments. The fund will invest in the energy and natural resources sectors globally and has already made six investments valued at more than US$965 million. The fund will invest alongside Blackstone Capital Partners VI, Blackstone’s US$16 billion diversified global private equity fund.