BXPE US Finance 1 L.P. (2024)

FAQs

Is BXPe a good investment? ›

There is no assurance that BXPE will perform well or even return capital; if certain investments perform unfavorably, for BXPE to achieve above-average returns, one or a few of its investments must perform very well. There is no assurance that this will be the case.

BXPE is an investment program designed to offer eligible individual investors access to Blackstone's private equity platform (the “PE Platform”).

The new Blackstone Private Equity Strategies Fund, known as BXPE, targets rich individuals instead, charging 1.25% to manage their money and keeping 12.5% of any investment gains beyond a 5% return threshold.

A limited partner (LP) is an investor who contributes capital to a business partnership in exchange for a proportionate share of the venture's profits. A limited partner is not involved in the day-to-day business operations and has limited liability for any debts the business might incur.

Viral Patel is the Chief Executive Officer of Blackstone Private Equity Strategies (“BXPE”). Mr. Patel is as a member of the Investment Committees for BXPE, Blackstone Growth and participates on the Investment Committee of technology focused deals in Private Credit.

Our investment approach is based on a disciplined due diligence process that measures risk while identifying the catalysts for increased value. We engage only in friendly transactions and work with talented management teams to achieve positive results.

Blackstone Group Inc's top holdings are Cheniere Energy Partners, L.P. - Limited Partnership (US:CQP) , Energy Transfer LP - Limited Partnership (US:ET) , Corebridge Financial, Inc. (US:CRBG) , FirstEnergy Corp. (US:FE) , and Chesapeake Energy Corporation (US:CHK) .

Blackstone is also active in credit, infrastructure, hedge funds, secondaries, growth equity, and insurance solutions. As of May 2024, Blackstone has more than US$1 trillion in total assets under management, making it the largest alternative investment firm globally.

Blackstone Capital Partners IX, currently the largest fund in the market, raised “more than $20 billion to date,” president and COO Jonathan Gray said in a second quarter earnings call.

The management fee varies but usually ranges anywhere from 0.20% to 2.00%, depending on factors such as management style and size of the investment. Investment firms that are more passive with their investments generally charge a lower fee relative to those that manage their investments more actively.

What is a good management fee on an ETF? ›

How to find the best ETF expense ratio. High fees can turn any investment into a poor one. A good rule of thumb is to not invest in any fund with an expense ratio higher than 1% since many ETFs have expense ratios that are much lower.

In the pre-investment due diligence phase, management fees represent the largest estimable cost. [1] Therefore, they are an excellent candidate for negotiation.

Limited Partnership (LP)

This business structure can be seen as a cross between a general partnership and a corporation, where limited liability protection exists for some partners. In the case of a limited partnership - At least one partner must be a general partner with unlimited liability.

As beneficial owners of the fund, limited partners receive dividends when the fund produces returns, in proportion to how much they invested. Just how much of the fund's profits they share, and when they get it, is spelled out in their investment documents (more on this later).

Summary. Business Focus: BlackRock focuses on asset management and investment advisory services, whereas Blackstone specializes in private equity, real estate, and alternative investments. AUM: BlackRock manages a significantly larger amount of assets compared to Blackstone.

Blackstone is also active in credit, infrastructure, hedge funds, secondaries, growth equity, and insurance solutions. As of May 2024, Blackstone has more than US$1 trillion in total assets under management, making it the largest alternative investment firm globally.

Eve Holding has 123.88% upside potential, based on the analysts' average price target. Eve Holding has a consensus rating of Moderate Buy which is based on 2 buy ratings, 0 hold ratings and 0 sell ratings. The average price target for Eve Holding is $6.00.