Blackstone announces $30.4 billion final close for largest Real Estate Drawdown Fund ever

  • Posted 13.04.2023
[Only]Work Highlight 4

Elvinger Hoss Prussen represented Blackstone as to matters of Luxembourg law in the establishment of its tenth global opportunistic real estate fund, Blackstone Real Estate Partners X (Lux) SCSp, the Luxembourg parallel fund of Blackstone Real Estate Associates (Offshore) X L.P. ("BREP X"). Blackstone has announced that BREP X closed with a record $30.4 billion in capital commitments, making it the largest real estate or private equity drawdown fund ever raised. 

The Elvinger Hoss Prussen team included Joachim Cour, Michel Marques Pereira, Victoria Notebaert, Brenda Bruzzesi (Funds) and Katia Panichi, Caroline Bocklandt and Zaza Thielens (Credit team).