黑石第五檔能源轉型基金以87億美元觸及硬上限
ESG Today · 2026-10-19
黑石第五檔能源轉型基金啟動一年即以87億美元觸及硬上限，較上一期56億美元高出逾五成，以控制型股權投資轉型設備與基礎設施，黑石稱該策略淨IRR達34%，反映大型LP對轉型資產的胃口。
學習單字
- hard cap基金募資規模的硬上限
- net IRR扣除費用與分潤後的淨內部報酬率
- platform companies作為後續併購基礎的平台型投資公司
Blackstone closes fifth energy transition fund at $8.7 billion hard cap
Blackstone Energy Transition Partners V hit its $8.7 billion hard cap a year after launch, over 50% above the $5.6 billion prior vintage. It makes control-oriented equity investments in transition equipment, services and large-scale infrastructure, generally avoiding hydrocarbon reserves. Blackstone cites a 34% net IRR since 1997, underscoring LP appetite for transition assets.