Blackstone Private Wealth Solutions (PWS) has raised $28 billion raised in 2024, including $23 billion for the perpetual vehicles – nearly double what was raised from individuals in those strategies in 2023.
Blackstone’s perpetual strategies – including Blackstone Real Estate Income Trust (BREIT), Blackstone Private Credit Fund (BCRED), Blackstone Private Equity (BXPE) and Blackstone Infrastructure Partners (BXINFRA) – have experienced substantial inflows and growth:
An additional $3.7 billion raised for Blackstone’s perpetual strategies in January – including $1 billion each from BCRED, BXPE and BXINFRA.
BREIT and BCRED both remain fundamental to the firm. BCRED is leading the way across Blackstone’s perpetual strategies in 2024 and raising more than $12 billion for the year, driven by 36 percent year-over-year
BXPE, on its first anniversary, has grown to $8 billion and is trending favorably with net repurchase requests d
