Blackstone

Blackstone Real Estate Partners VII, LP

BlackstoneVINTAGE 2011

NET IRR

14.1%

TVPI

1.69x

DPI

1.61x

COMMITMENT

$100M

LP SOURCES

5

VALUATION SPREAD1.62x – 1.69x TVPI across 2 sources

CROSS-REFERENCE TABLE

LP SOURCEAS OFCOMMITMENTPAID INNET IRRTVPIDPIDOC
Minnesota SBI2025-12-31$100M$116.5M14.1%1.69x1.61xSOURCE ↗
PA PSERS2025-09-30$300M$397.1M14.6%1.62xSOURCE ↗
MainePERS2025-09-30$75M$107.5M14.2%SOURCE ↗
MOSERS2025-06-30SOURCE ↗
Wisconsin SWIB2024-12-31SOURCE ↗