Blackstone is the world's largest alternative investment firm. They invest across alternative asset classes on behalf of pension funds and other institutions. They serve institutional investors around the world, including retirement systems that represent tens of millions of teachers, firefighters and other pensioners. Blackstone investments are designed to preserve and grow clients’ capital across market cycles. They also seek to drive economic growth and make a positive impact by using extraordinary people and flexible capital to help companies solve problems, and to engage with local communities.
IMPORTANT NOTE: performance data shown in this manager's fact sheets do not include HWM management fees. For more information on HWM advisory fees for Managed Strategies programs, please refer to the WIA ADV Part 2A.
BREIT - Blackstone Real Estate Income Trust
Blackstone Real Estate Income Trust (BREIT) invests thematically in high-quality assets, focusing where they see outsized growth potential driven by global economic and demographic trends. Informed by Blackstone’s vast portfolio and proprietary data across major asset classes and markets worldwide, BREIT is able to identify themes and invest capital with conviction. BREIT has continued to deliver attractive, consistent and tax-advantaged distributions, offering a solution to investors seeking an institutional‐quality, income‐oriented product with a well‐aligned, transparent fee structure. BREIT is a non-listed, perpetual life REIT. The value of BREIT shares is more closely tied to real estate fundamentals as opposed to the volatility of public equities and REITs.
BCRED - Blackstone Private Credit Fund
Blackstone Private Credit Fund (BCRED) seeks to generate current income and, to a lesser extent, long-term capital appreciation by focusing on investing primarily in privately originated and privately negotiated U.S. first lien senior secured floating rate loans. Leveraging Blackstone’s institutional-caliber credit platform, the perpetually-offered solution seeks to invest in companies with leading market positions and liquidity across market cycles.