Blackstone’s Strategic Partners and the secrets of secondaries
06 October 2020 - 12:00 am UTC
It is a common misconception that the secondary market is driven by distressed sellers, says Blackstone’s secondaries business Strategic Partners. So how will its recently closed USD 3.75bn infrastructure secondary fund approach the current market uncertainty, asks Colin Leopold
Back in April, when infrastructure valuations across the world hit the floor, there were a couple of guys sitting in New York that would have been worth speaking to.