04/23/2026 | Press release | Distributed by Public on 04/23/2026 05:58
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Item 3.02
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Unregistered Sales of Equity Securities.
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|
Number of
Units
Sold
(3)
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Consideration
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|||||||
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Blackstone Private Equity Strategies Fund L.P
.
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||||||||
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Class I Units
(2)
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||||||||
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Series I
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6,724,661
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$
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243,026,573
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|||||
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Series II
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-
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$
|
-
|
|||||
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Series III
|
-
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$
|
-
|
|||||
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Class S Units
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3,995,201
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$
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141,650,248
|
|||||
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Class D Units
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731,299
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$
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25,865,000
|
|||||
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Class N Units
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77,048
|
$
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2,200,000
|
|||||
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Total
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$
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412,741,821
|
||||||
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Blackstone Private Equity Strategies Fund (TE) L.P.
(2)
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||||||||
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Class I Units
|
||||||||
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Series I
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1,437,473
|
$
|
51,425,613
|
|||||
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Series II
|
-
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$
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-
|
|||||
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Series III
|
-
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$
|
-
|
|||||
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Class S Units
|
1,767,175
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$
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62,032,424
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|||||
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Class D Units
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1,723
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$
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55,000
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|||||
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Total
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$
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113,513,037
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| (1) |
The Funds, together with other Blackstone-managed parallel vehicles that invest alongside the Funds but excluding Blackstone Private Equity Strategies Fund SICAV ("BXPE Lux"), collectively form "BXPE." BXPE and BXPE Lux are together referred to as the "BXPE Fund Program," but are operated as distinct investment structures. On April 1, 2026, the BXPE Fund Program (inclusive of the Funds) issued interests for aggregate consideration of approximately $654.8 million.
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| (2) |
The Feeder was established to allow certain investors with particular tax characteristics, such as
tax-exempt
investors and
non-U.S.
investors, to participate in BXPE U.S. in a more tax efficient manner. Accordingly, the Feeder invests all or substantially all of its assets indirectly in BXPE U.S. in exchange for BXPE U.S. Class I Units. On April 1, 2026, the Feeder acquired 3,085,085 BXPE U.S. Class I Units for aggregate consideration of approximately $111.5 million.
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| (3) |
The number of Units sold by each Fund was finalized on April 22, 2026, following the calculation of their respective transactional net asset values (each, a "Transactional NAV") as of March 31, 2026. See Item 7.01 below for more information on the Funds' Transactional NAVs.
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