Tender Offers for Blackstone Private Equity Strategies Fund L.P.
Form Type: SC TO-I
Filing Date: 2025-01-02
Corporate Action: Tender-offer
Type: New
Accession Number: 000119312525000146
Comments: Blackstone Private Equity Strategies Fund L.P. is initiating a tender offer for its Class I, Class D, and Class S limited partnership units. The offer is set to purchase up to 4,948,211 units from unitholders at net asset value as of March 31, 2025, with the offer scheduled to expire on February 3, 2025. The maximum offer amount represents approximately 3% of the units outstanding as of December 31, 2024. Unitholders who submit units that are accepted will receive promissory notes reflecting the value of their tendered units. The fund is organized as a Delaware limited partnership and is exempt from registration under the Investment Company Act. All eligible unitholders, including those from a feeder fund, may participate under the same terms. The filing is made to satisfy the reporting requirements of the SEC regarding tender offers.
Document Link: View Document
Additional details:
Class Of Securities: Class I, Class D and Class S Limited Partnership Units
Cusip Numbers: 09262A 309, 09262A 200 and 09262A 101
Total Units Outstanding: 164,940,353
Tender Offer Expiration: 2025-02-03
Units Tendered: 4,948,211
Percentage Of Outstanding Units: 3%