Blackstone prepares fifth Tac Opps Fund as Fund IV nears $10bn

Blackstone prepares fifth Tac Opps Fund as Fund IV nears $10bn

Blackstone is gearing up to launch its fifth Tactical Opportunities (Tac Opps) fund as its predecessor, Fund IV, approaches $10bn in investable capital. Fund IV officially closed in 2023 at $5.2bn and exceeded its $4.5bn target. It continued raising capital through...