Funds & buyers · Platform within a diversified manager
Blackstone Strategic Partners
Strategic Partners launched in 2000 as an independent secondaries manager, built a track record of more than 700 transactions and over $11 billion raised, and along the way became part of Credit Suisse's asset management arm before Blackstone acquired the business from Credit Suisse in 2013 for a platform then managing roughly $9 billion.
Under Blackstone, Strategic Partners has scaled into one of the largest secondaries platforms in the industry, extending beyond private equity fund stakes into dedicated real estate and infrastructure secondaries strategies that mirror Blackstone's broader footprint in those asset classes.
The platform reported record secondaries deployment in recent years as LP-led and GP-led deal volume across the industry has grown, benefiting from Blackstone's scale in sourcing and underwriting large, complex portfolio transactions.
Worth knowing
Passed through three ownership structures (independent, Credit Suisse, Blackstone) while staying one continuous team.
See the full buyer directory, or read the glossaryfor the terms (LP-led, GP-led, continuation fund) that describe how firms like this actually transact.