Blackstone launches impact investing platform

Blackstone has launched a new impact investing platform that will be part of the firm’s Strategic Partners group. The platform will seek to deliver positive financial impact while addressing four specific investment themes: health & wellbeing, financial access, sustainable communities and green technologies.

“As a firm, we seek to deliver value for our investors while also having a positive impact on the communities in which we operate,” said Jon Gray, Blackstone president and COO. “The impact platform is an exciting growth area and a natural extension of our business. We look forward to meeting the growing demand for impact investments.”

It will leverage Strategic Partners’ scale and expertise across private equity, real estate and infrastructure by partnering with external impact managers focused on developed markets, as well as other investing businesses within Blackstone. The initiative will build on Blackstone’s previous investments in impact th