The firm's evergreen private equity flagship, which invests in secondaries, reached $29 billion in NAV less than three years after inception.
BXPE US sold $527.9 million in LP interests on September 1, while its feeder raised $166.4 million, alongside subscriptions to other program vehicles.
Cox Capital Retail Secondaries Fund I is seeking up to $40 million of BCRED and HLEND at discounts to NAV of 12.5% and 17.5%, respectively.
Shareholders submitted an estimated $4.3 billion of Q3 repurchase requests, representing around 10% of shares outstanding, as of June.
Program-wide subscriptions fell nearly 7% from the previous month, while transactional NAV stood at $6.5 billion.
The 3(c)(7) Exempt fund and its affiliated vehicles reported $6 billion in aggregate transactional NAV as of June 30.
Mark Goldberg of Alternative Investments Market Intelligence analyzes why redemption queues across non-traded BDCs could take years to clear despite easing withdrawal demand.
As of May 31, the BXPE Fund Program as a whole had an aggregate Transactional NAV of approximately $23.7 billion.
Blackstone's private debt BDC had an aggregate NAV of approximately $45.3 billion as of May 31.
The firm increased the tender cap on Blackstone Private Credit Fund to redeem 7.9% of outstanding shares, in response to record redemption requests.
