Blackstone to make strategic minority investment in Rockpoint
Blackstone’s Strategic Capital Holdings Fund has acquired a minority equity stake in Rockpoint Group, a Boston-based global real estate investment management firm. Terms of the transaction were not disclosed.
Blackstone’s Strategic Capital Holdings Fund, a permanent capital vehicle which specializes in acquiring long term interests in leading alternative asset managers, is managed by Blackstone Alternative Asset Management, the firm’s hedge fund solutions business.
