Blackstone

Strategic Partners VIII

BlackstoneVINTAGE 2019

NET IRR

19.5%

TVPI

1.54x

DPI

0.92x

COMMITMENT

$150M

LP SOURCES

4

VALUATION SPREAD1.54x – 1.58x TVPI across 3 sources

CROSS-REFERENCE TABLE

LP SOURCEAS OFCOMMITMENTPAID INNET IRRTVPIDPIDOC
Minnesota SBI2025-12-31$150M$132.8M19.5%1.54x0.92xSOURCE ↗
CalSTRS2025-06-30$500M$420.5M21.6%1.58x0.84xSOURCE ↗
UC Regents2025-06-30$250M$215.5M21.3%1.56x0.83xSOURCE ↗
Colorado PERA2024-12-31$100M$84.6M22.1%0.78xSOURCE ↗