Blackstone

Strategic Partners Fund VII, L.P.

BlackstoneVINTAGE 2016

NET IRR

16.6%

TVPI

1.75x

DPI

COMMITMENT

$250M

LP SOURCES

2

VALUATION SPREAD1.74x – 1.75x TVPI across 2 sources

CROSS-REFERENCE TABLE

LP SOURCEAS OFCOMMITMENTPAID INNET IRRTVPIDPIDOC
PA PSERS2025-09-30$250M$196.1M16.6%1.75xSOURCE ↗
CalSTRS2025-06-30$250M$195.7M16.7%1.74x1.34xSOURCE ↗