Blackstone Completes Acquisition of Strategic Partners from Credit Suisse

August 12, 2013

On August 5, 2013, Blackstone (NYSE: BX) announced that it had completed its acquisition of Strategic Partners, Credit Suisse’s secondary private equity business.

On August 5, 2013, Blackstone (NYSE: BX) announced that it had completed its acquisition of Strategic Partners, Credit Suisse’s secondary private equity business.  The terms of the transaction were not disclosed.  Strategic Partners purchases secondary interests in private equity funds from investors seeking liquidity, and has approximately $10 billion in assets under management.

To read the press release, please click here.

To read our 4/24 post on the transaction, please click here.

 


Categories

Investment Manager M&A, Private Equity M&A, Transactions