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UC Investments Creates Strategic Venture with Blackstone to Invest $4B in BREIT Common Shares

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University of California, UC Investments, Blackstone, Blackstone Real Estate Income Trust Inc, Simpson Thacher & Bartlett LLP, Goodwin Procter LLP
Courtesy of Sean Pollock on Unsplash
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OAKLAND, Calif. & NEW YORK--The Office of the Chief Investment Officer of the Regents of the University of California (“UC Investments”) and Blackstone (NYSE: BX) today announced a long-term strategic venture in which UC Investments will invest $4 billion in Blackstone Real Estate Income Trust, Inc. (“BREIT”) Class I common shares, the largest existing share […]

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