Blackstone Real Estate Debt Strategies V has the same size as the previous vehicle that raised resources in 2020
NYSE – listed Blackstone said it attracted commitments worth 8 billion US Dollars for Blackstone Real Estate Debt Strategies V (BREDS V) (see here the press release).
The vehicle has the same size as Blackstone Real Estate Debt Strategies IV (BREDS IV) that in September 2020 said it raised commitments for 8 billion (see here the press release).
Timothy Johnson
Blackstone Real Estate Debt Strategies has 77 billion of assets under management and a global workforce of 170 professionals. BREDS V has flexible capital to invest worldwide and to deploying it in different fields, including global loans, liquid securities, structured solutions for financial institutions and corporate credit.
Timothy Johnson, Blackstone Real Estate Debt Strategies Global Head, said: “We are extraordinarily grateful to our investors for allocating this amount of capital during this period of market dislocation. We could not be more excited about the opportunities ahead and with the support of the world’s largest commercial real estate owner and alternative real estate lending platform, BREDS V is well positioned to deliver in this exciting year.”
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