Following the successful conclusion in November 2024 of a strategic partnership with Burstone’s European PEL portfolio and funds managed by affiliates of Blackstone, the Burstone Group has continued to make progress in executing on its fund and asset management strategy.
The Burstone Group’s Australian joint venture with the real estate fund manager Irongate Group has established an agreement with TPG Angelo Gordon, a diversified credit and real estate investing platform within TPG, with approximately $91 billion assets under management. TPG is a leading global alternative asset management firm.The partnership, which established a new industrial programmatic joint venture between the parties, has concluded a series of acquisitions in Australia, expanding Burstone’s industrial and logistics fund management strategy in Australia. Burstone, through Irongate, has a minority co-investment in the programmatic joint venture, and the Irongate joint venture provides the investme
