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%