About This Fund
The Blackstone Tactical Opportunities Fund IV (BTO IV) is a buyout fund that targets private investment opportunities (prefers majority) outside of traditional private equity and private credit. It has raised a record $5.2 billion in capital commitments. The fund invests globally across asset classes, industries, and geographies, seeking to deliver compelling risk-adjusted returns by identifying and executing attractive, differentiated investment opportunities. The fund leverages its team’s deep sector expertise and the scale and intellectual capital across Blackstone’s various businesses. It has a thematic investing focus and is able to deploy capital on a global basis, unconstrained by asset class, industry, or geography, allowing it to deliver tailored solutions to exceptional businesses and strong results for investors. Recent investments made by BTO IV include CoreWeave, a specialized provider of critical cloud infrastructure, and New Tradition, a leading out-of-home media business operating iconic advertising assets nationwide. The fund is part of Blackstone, the world’s largest alternative asset manager, with $1 trillion in assets under management, including investment vehicles focused on private equity, real estate, public debt and equity, and more, on a global basis.