Blackstone GP Stakes Invests in FTV Capital


June 14, 2023

On May 3, 2023, Blackstone GP Stakes announced a strategic minority investment in FTV Capital. 

On May 3, 2023, FTV Capital (“FTV”) and Blackstone Inc. (“Blackstone”) announced that funds managed by Blackstone GP Stakes made a strategic minority investment in FTV. Further terms of the deal were not disclosed.

Blackstone (NYSE: BX), based in New York, is an alternative asset manager that serves institutional and individual investors with more than 12,000 real estate assets and over 230 portfolio companies. As of March 31, 2023, Blackstone has $991 billion in assets under management. 

FTV, based in San Francisco, is a sector-focused growth equity investment firm that invests in innovative, high-growth companies across the enterprise technology, financial services, and payment landscapes. 

To read the press release: please click here.

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