Recognized as one of the most active and highly regarded investment management practices in the United States, our group represents all types of asset managers across the liquidity spectrum, including private equity funds, credit funds, hedge funds, venture capital funds, real estate funds, hybrid funds and family offices. We have successfully raised hundreds of billions of dollars for our clients, who benefit from our extensive market knowledge, industry-leading networking events and strong relationships with all major market participants.
Blackstone Holds Final Closing of Strategic Alliance Fund IV
- Client News
- January 10, 2023
Paul, Weiss advised Blackstone on its Strategic Alliance Fund (SAF) IV, which had its final closing in December 2022. SAF IV is one of Blackstone’s series of hybrid funds that provide seed capital to emerging alternative asset managers in exchange for a revenue share agreement. Following the final closing, Paul, Weiss will advise Blackstone on the fund’s revenue share agreements and other associated transactions.
The Paul, Weiss team included corporate partners Udi Grofman and counsel Marian Shin; tax partner Brian Grieve; and executive compensation counsel Jake Glazeski.