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Blackstone collects record $134bn as perpetual capital drives inflows

Jan 30, 2020 - Private Equity International
Financial Results

Blackstone , the world's largest private equity firm, has had its best year of fundraising ever as perpetual capital vehicles continue to drive inflows.

The New York-headquartered firm raised $134 billion across all strategies last year, the third year in a row it has collected more than $100 billion of inflows, Jonathan Gray, president and chief operating officer, said on the firm's fourth quarter earnings call Thursday.

"We're seeing faster growth in perpetual capital, which...