Blackstone Acquires Minority Stake in Rockpoint

April 4, 2018

On March 13, 2018, Blackstone announced that its Strategic Capital Holdings Fund had acquired a minority equity stake in Rockpoint.

Blackstone Group (“Blackstone”) utilized its Strategic Capital Holdings Fund to invest an undisclosed sum for a passive, minority equity stake in Rockpoint Group, LLC (“Rockpoint”). Further terms of the transaction were not disclosed.

Blackstone (NYSE: BX), founded in 1985 and based in New York, is an investment firm that focuses on private equity, real estate, hedge fund solutions, and credit portfolios. Blackstone has $434 billion in assets under management as of December 31, 2017.

Rockpoint, founded in 2003 and based in Boston, is a real estate private equity firm and Registered Investment Adviser that focuses on office and multifamily commercial real estate investments.

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