Blackstone tried a 5% hurdle rate – its LPs pushed it up
One investor said the original rate was ‘just not a standard hurdle’, as we take a closer look at the $5bn first close, one of the industry’s largest first closes for a debut fund.
One investor said the original rate was ‘just not a standard hurdle’, as we take a closer look at the $5bn first close, one of the industry’s largest first closes for a debut fund.
Copyright PEI Media
Not for publication, email or dissemination