Blackstone

Strategic Partners IX

BlackstoneVINTAGE 2022

NET IRR

17.1%

TVPI

1.29x

DPI

0.14x

COMMITMENT

$100M

LP SOURCES

4

VALUATION SPREAD1.29x – 1.35x TVPI across 3 sources

CROSS-REFERENCE TABLE

LP SOURCEAS OFCOMMITMENTPAID INNET IRRTVPIDPIDOC
Minnesota SBI2025-12-31$100M$79.1M17.1%1.29x0.14xSOURCE ↗
CalSTRS2025-06-30$250M$149.2M22.2%1.35x0.10xSOURCE ↗
UC Regents2025-06-30$400M$245.6M21.0%1.35x0.13xSOURCE ↗
Colorado PERA2024-12-31$125M$65.3M15.8%0.11xSOURCE ↗