trending Market Intelligence /marketintelligence/en/news-insights/trending/b8erarp_tzw_lsyaszxwkw2 content esgSubNav
In This List

CalPERS pours $750M into Blackstone's European property fund

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


CalPERS pours $750M into Blackstone's European property fund

The California Public Employees' Retirement System injected $750 million into Blackstone Group LP's European core-plus real estate fund, IPE Real Assets reported, citing a report from a CalPERS board meeting.

Blackstone Property Partners Europe had raised $2.4 billion, and assets managed by Blackstone's core-plus real estate business totaled $27 billion as of the end of 2017, the publication noted, citing the private equity giant.

Both Blackstone and the pension fund declined to comment, according to the report.