Strategic Partners

Name

Strategic Partners

Legal name

Blackstone Inc.

Website

https://blackstone.com

Company type

Private

Founded year

2000

Operating status

Operating

Ownership category

akta.pro rank

Product category

Secondary Private Equity Fund Management

NAICS

Other Investment Pools and Funds (5259), Other Financial Investment Activities (5239), All Other Financial Investment Activities (52399)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)

akta.pro primary industry

Venture Capital Secondaries (LP Interests & Direct Secondaries) (FSANAFAJ)

akta.pro secondary industries

Secondaries Co-Investments & Annex Funds (FSANAFAF), GP-led Secondaries — Fund Restructurings / Tender Offers / Recaps (FSAHALAK), Corporate Strategic Real Assets & Infrastructure Venture Investing (FSANAHAN)

Keywords

• Secondary private equity
• Private market secondaries
• GP-led continuation funds
• Co-investment solutions
• Fund of funds management

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Management Fees and Performance Fees: As a secondary fund manager with over $100 billion in assets under management, Strategic Partners generates revenue through management fees charged on assets under management, as well as performance/carried interest fees from successful investment outcomes on its secondary fund transactions.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Strategic Partners is a global secondary private equity fund manager that purchases existing private equity limited partnership interests and co-investments from investors seeking liquidity, and executes GP-led continuation fund transactions. Operating with over $100 billion in assets under management since its founding in 2000, the firm has completed more than 2,350 transactions across leveraged buyout, real estate, venture capital, and infrastructure asset classes for institutional clients worldwide.

Product overview

Strategic Partners is a secondary fund management business operating as part of Blackstone, specializing in the purchase of private equity limited partnership interests and co-investments across leveraged buyout, real estate, venture capital, and infrastructure asset classes.

Differentiator

Problem solved

Functional benefit

Products and services

• Strategic Partners Secondary Private Equity Funds Global secondary fund vehicles that purchase existing private equity limited partnership interests from limited partners seeking liquidity, deployed across leveraged buyout, real estate, venture capital, and infrastructure asset classes. Intended for institutional investors and pension/endowment/sovereign wealth/insurance investors.
• GP Stakes Franchise Capital solutions for general partners, including GP-led secondary transactions and GP Stakes investments. Targets private equity sponsors and general partners seeking liquidity solutions and continuation fund structures.
• Strategic Partners Real Estate Funds Real estate-focused secondary fund vehicles that acquire limited partnership interests and co-investments in private real estate funds. Targets institutional investors seeking real estate secondary exposure.
• Strategic Partners Infrastructure Funds Infrastructure and real assets-focused secondary fund vehicles that purchase limited partnership interests and co-investments in private infrastructure and energy funds. Targets institutional investors seeking infrastructure secondary exposure.
• Venture Capital Secondaries Secondary transactions in venture capital fund limited partnership interests and co-investments, part of Strategic Partners' multi-asset class secondary strategy. Targets institutional investors seeking venture capital secondary exposure.

Quantifiable outcome

• Over 2,350 secondary transactions completed since 2000

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• HarbourVest Partners: Large global private markets investment manager with a substantial secondary funds practice alongside primaries and co-investments. Comparable in offering breadth, LP base, and multi-strategy secondaries focus.
• Coller Capital: A leading global secondaries manager with a long track record of LP-interest purchases and GP-led deals. Closely comparable to Strategic Partners in vintage breadth, LP relationships, and secondary fund offerings.
• Hamilton Lane: Private markets investment manager with a dedicated secondary and co-investment practice, providing liquidity solutions to LPs and GPs. Comparable business model to Strategic Partners across secondaries and bespoke GP solutions.
• StepStone Group: Private markets investment firm with significant secondary, co-investment, and GP-led solutions capabilities. Closely comparable to Strategic Partners in providing customized secondary liquidity to institutional LPs and GPs.
• Pantheon Ventures: Global private markets manager active across primaries, secondaries, and co-investments. Comparable to Strategic Partners in secondaries deal sourcing and multi-vintage fund management for institutional clients.
• Ardian Secondary Funds: Ardian's secondary franchise is among the largest globally, executing LP secondaries and GP-led deals across private equity, infrastructure, and real assets — directly comparable to Strategic Partners' multi-strategy platform.
• Lexington Partners: One of the largest independent secondary private equity fund managers globally. Directly comparable to Strategic Partners in core LP-stake secondaries, GP-led continuation funds, and co-investments, with similar multi-asset-class coverage.

Broad incumbents

• Partners Group: Large global private markets manager with a growing secondary and liquidity-solutions franchise alongside its flagship primary PE programs. Comparable as a broad incumbent offering secondaries capability within a larger alts platform.
• TPG Secondary Opportunities: TPG's dedicated secondary and capital solutions strategy operates within a major alternative asset manager. Comparable to Strategic Partners as a broad-incumbent secondaries capability embedded in a large multi-strategy platform.
• Goldman Sachs Vintage Funds: Goldman Sachs Asset Management's secondary PE program investing in LP interests and GP-led deals. Comparable to Strategic Partners as a bulge-bracket secondaries franchise within a much larger asset-management parent.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xtwitter.com/blackstone
• Facebookfacebook.com/blackstone
• LinkedInlinkedin.com/company/blackstonegroup
• Instagraminstagram.com/blackstone

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Strategic Partners