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This move came as part of its $385 million pacing plan to invest in private equity this year. It still plans to make five more commitments yet to be determined.
It was also the first quarter since late 2022 that Blackstone’s big real estate fund for individuals collected incentive fees, which are tied to performance thresholds.
Fund I invested in TREND Health Partners, a credit balance management and payment accuracy services provider, and Smartlinx, a workforce management software company.
April 11, 2024
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