Blackstone Acquires Minority Equity Interest in Rockpoint

June 6, 2018

On March 13, 2018, Blackstone and Rockpoint announced that Blackstone’s Strategic Capital Holdings Fund had acquired a passive, minority equity investment in Rockpoint.

Further terms of the transaction were not disclosed.

The Blackstone Group L.P. (NYSE:BX) is a financial services and investment firm with a hedge fund solutions group, Blackstone Alternative Asset Management L.P. that manages the Strategic Capital Holdings Fund. Blackstone’s asset management businesses have approximately $430 billion in assets under management.

Rockpoint Group L.L.C. (“Rockpoint”), headquartered in Boston, is a real estate private equity firm and Registered Investment Adviser. Rockpoint has approximately $19 billion in capital commitments.

To read the press release, please click here.


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Investment Manager Private Equity, Investment Manager Strategic Investments, Private Equity Private Equity, Private Equity Strategic Investments, Transactions