About This Fund
Blackstone Strategic Capital Holdings III (BSCH III) is Blackstone's third GP stakes fund, aiming to raise at least $5.6 billion. This fund continues Blackstone's strategy of acquiring long-term, minority ownership interests in the management companies of leading private equity firms.
BSCH III seeks to partner with high-performing private equity firms, providing them with capital to support growth initiatives, succession planning, and other strategic objectives. By taking minority stakes, Blackstone supports these firms' expansion without interfering in their day-to-day operations.
Leveraging Blackstone’s extensive resources, including its global procurement platform and operational expertise, BSCH III aims to add value to its partner firms. The fund will focus on a diversified portfolio across various strategies and geographies, continuing the successful approach of its predecessors.