Blackstone Communications Partners I, LP

BlackstoneVINTAGE 2000

NET IRR

6.5%

TVPI

1.22x

DPI

1.22x

COMMITMENT

$100M

LP SOURCES

4

VALUATION SPREAD1.20x – 1.25x TVPI across 3 sources

CROSS-REFERENCE TABLE

LP SOURCE	AS OF	COMMITMENT	PAID IN	NET IRR	TVPI	DPI	DOC
CalPERS	2025-09-30	$100M	$111.2M	6.5%	1.22x	1.22x	SOURCE ↗◆
CalSTRS	2025-06-30	$250M	$250.3M	6.5%	1.25x	1.25x	SOURCE ↗◆
Colorado PERA	2024-12-31	$50M	$52.8M	15.4%	—	1.33x	SOURCE ↗◆
PA SERS	2024-09-30	$25M	$25.1M	6.2%	1.20x	1.24x	SOURCE ↗◆