Blackstone’s Real Estate Co-Head Reveals How It Will Spend New $30B Fund

Blackstone, the world’s largest alternative asset manager, has raised the largest real estate fund in history at $30B. The co-head of real estate for Blackstone Global, Kathleen McCarthy, has detailed how and where the firm will spend the money, which sectors it will avoid, and how it will avoid becoming prey rather than a predator when the market turns. McCarthy says the company will focus on data centers, rental housing, life sciences, hotels, and industrial sectors. Blackstone currently has the largest portfolio in real estate, valued at $326B, but has only spent $674M of the fund raised so far.

Read more here

Interested in speaking with LevRose?


Let’s work together! Partnering with LevRose is easy. Simply fill out this form, including as much information as you can provide about your client and their needs.


Fill out this form to learn more about opportunities to join our team.