Investor Presentaiton
INVESTMENT RECORDS AS OF JUNE 30, 2022 (a)
($/€ in thousands, except where noted)
Fund (Investment Period Beginning Date / Ending Date)
Real Estate
Pre-BREP
Committed
Capital
Available
Capital (b)
Unrealized Investments
Realized Investments
Total Investments
Net IRRS (d)
Value
MOIC (c)
Value
MOIC (c)
Value
MOIC (c) Realized Total
$
140,714 $
S
n/a
$
BREPI (Sep 1994 / Oct 1996)
BREP II (Oct 1996 / Mar 1999)
BREP III (Apr 1999 / Apr 2003)
BREP IV (Apr 2003 / Dec 2005)
BREP V (Dec 2005 / Feb 2007)
BREP VI (Feb 2007 / Aug 2011)
BREP VII (Aug 2011
BREP VIII (Apr 2015
*BREP IX (Jun 2019
BREP X (TBD)
Total Global BREP
BREP Int'l (Jan 2001
BREP Int'l II (Sep 2005
BREP Europe III (Jun 2008
BREP Europe IV (Sep 2013
BREP Europe V (Dec 2016
*BREP Europe VI (Oct 2019
Total BREP Europe
BREP Asia I (Jun 2013
BREP Asia II (Dec 2017
380,708
n/a
345,190
1,327,708
2.5x
2.8x
$
345,190
2.5x
33%
33%
1,327,708
2.8x
40%
40%
1,198,339
n/a
2,531,614
2.1x
2,531,614
2.1x
19%
19%
1,522,708
n/a
3,330,406
2.4x
3,330,406
2.4x
21%
21%
2,198,694
23,471
n/a
4,640,501
1.7x
4,663,972
1.7x
12%
12%
5,539,418
7,046
n/a
13,450,289
2.3x
13,457,335
2.3x
11%
11%
11,060,444
550,447
347,417
2.0x
27,454,501
Apr 2015)
13,501,376
1,513,399
3,574,239
0.9x
27,931,757
2.5x
2.4x
27,801,918
2.5x
13%
13%
31,505,996
2.0x
22%
15%
Jun 2019)
16,592,792
2,302,626
15,233,276
1.7x
Dec 2024)
21,492,844
7,400,820
23,129,782
1.7x
21,102,039
7,308,322
2.6x
36,335,315
2.1x
28%
18%
2.2x
30,438,104
1.8x
66%
40%
24,416,257
$
98,044,294
$
Sep 2005)
€
824,172 €
24,416,257
36,183,549 $
€
n/a
n/a
n/a
n/a
n/a
42,315,231
1.6x
$
109,422,327
2.4x
$
151,737,558
2.1x
18%
17%
n/a €
1,373,170
2.1x €
1,373,170
2.1x
23%
23%
Jun 2008) (e)
Sep 2013)
Dec 2016)
Oct 2019)
1,629,748
n/a
2,583,032
1.8x
2,583,032
1.8x
8%
8%
3,205,318
428,342
261,685
0.5x
5,792,216
2.4x
6,053,901
2.0x
19%
14%
6,673,049
1,419,267
1,824,144
1.3x
9,725,105
2.0x
11,549,249
1.8x
20%
13%
7,965,079
1,381,611
5,884,481
1.1x
6,462,442
4.1x
12,346,923
1.8x
43%
14%
Apr 2025)
9,907,845
6,534,038
4,463,598
1.3x
3,264,144
2.6x
7,727,742
1.6x
75%
28%
€
30,205,211 €
9,763,258 €
12,433,908
1.2x €
Dec 2017)
$
4,261,983 $
917,133 $
2,326,971
1.5x $
Mar 2022)
7,360,069
1,643,769
7,394,631
1.3x
29,200,109
6,243,752
735,246
2.4x
€
41,634,017
1.8x
17%
13%
2.1x $
8,570,723
1.9x
20%
13%
1.8x
8,129,877
1.3x
48%
10%
*BREP Asia III (Mar 2022
Sep 2027)
7,939,534
7,171,611
764,873
1.0x
n/a
764,873
1.0x
n/a
n/m
BREP Co-Investment (f)
Total BREP
*BREDS High-Yield (Various) (g)
Private Equity
Corporate Private Equity
BCPI (Oct 1987 / Oct 1993)
7,208,976
160,791,446 $
20,003,798
38,835
56,190,696
5,631,946
956,619
2.3x
$
68,077,191
1.4x
$
5,272,920
1.0x
15,039,293
167,160,041
16,158,336
2.2x
15,995,912
2.2x
16%
16%
2.4x
1.3x
$
235,237,232
2.0x
17%
16%
21,431,256
1.2x
10%
10%
BCP II (Oct 1993 / Aug 1997)
BCP III (Aug 1997 / Nov 2002)
BCOM (Jun 2000 Jun 2006)
BCP IV (Nov 2002 Dec 2005)
BCP V (Dec 2005 / Jan 2011)
BCP VI (Jan 2011 May 2016)
BCP VII (May 2016 / Feb 2020)
*BCP VIII (Feb 2020 Feb 2026)
BCP IX (TBD)
Energy (Aug 2011
Feb 2015)
Energy II (Feb 2015 Feb 2020)
*Energy III (Feb 2020 / Feb 2026)
BCP Asia (Dec 2017 Sep 2021)
*BCP Asia II (Sep 2021 Sep 2027)
Core Private Equity I (Jan 2017 Mar 2021) (h)
*Core Private Equity II (Mar 2021 Mar 2026) (h)
Total Corporate Private Equity
$
859,081 $
$
n/a
$
1,361,100
n/a
1,741,738
3,256,819
3,967,422
n/a
9,184,688
2.6x $
2.5x
2.3x
1,741,738
2.6x
19%
19%
3,256,819
2.5x
32%
32%
9,184,688
2.3x
14%
14%
2,137,330
24,575
15,234
n/a
2,953,649
1.4x
2,968,883
1.4x
6%
6%
6,773,182
167,384
128,418
1.3x
21,479,599
2.9x
21,608,017
2.8x
36%
36%
21,009,112
1,035,259
112,877
7.6x
38,427,169
1.9x
38,540,046
1.9x
8%
8%
15,195,678
1,371,459
6,778,103
1.7x
24,354,324
2.2x
31,132,427
2.1x
17%
12%
18,856,429
1,934,706
22,565,824
1.7x
10,172,064
2.4x
32,737,888
1.8x
36%
16%
25,425,302
16,245,056
12,531,080
1.4x
517,592
2.9x
13,048,672
1.4x
123%
25%
8,774,458
8,774,458
n/a
n/a
n/a
n/a
n/a
2,441,558
174,492
616,487
1.6x
3,988,731
2.0x
4,605,218
1.9x
13%
12%
4,935,906
1,033,151
4,836,068
1.7x
2,015,804
1.2x
6,851,872
1.5x
2%
8%
4,322,015
2,664,851
2,369,680
1.6x
342,423
2.9x
2,712,103
1.7x
113%
41%
2,452,948
869,236
3,387,455
2.2x
1,024,467
4.9x
4,411,922
2.5x
109%
41%
6,554,765
6,499,684
(37,515)
n/a
n/a
(37,515)
n/a
n/a
n/a
4,764,447
1,149,384
$
8,190,362
138,021,095 $
6,738,547
48,682,242 $
8,047,555
1,530,541
62,881,807
2.1x
2,031,090
3.7x
10,078,645
2.3x
52%
25%
1.1x
1.6x $
n/a
1,530,541
1.1x
n/a
n/m
121,490,157
2.2x
$
184,371,964
2.0x
16%
15%
Notes on page 21. BREP - Blackstone Real Estate Partners, BREDS Blackstone Real Estate Debt Strategies, BCP - Blackstone Capital Partners, BCOM - Blackstone Communications.
* Represents funds that are currently in their investment period.
Blackstone 19View entire presentation