Blackstone logo

Blackstone

Operates an investment platform that raised a $6.3 billion life-sciences fund to back companies in healthcare and biotechnology.

Deep Tech
Life Sciences
Total Raised
$13.7B
Last Reported Valuation
$33.5B
IPO, Jun 2007
Headquarters
New York, United States

Overview

Blackstone is an investment manager with a life-sciences strategy focused on deploying capital into healthcare and biotechnology opportunities. The provided funding context centers on its latest life-sciences fund rather than an AI product or operating technology business. The firm raised $6.3 billion in an undisclosed round dated March 30, 2026, for the fund. Its differentiator in this context is the scale of dedicated capital available for life-sciences investments.

Funding History

6 rounds · Oct 1985 – Mar 2026
$13.7B
Total Raised
6
Cumulative: $13.7B

Blackstone Raises $6.3 Billion for Latest Life-Sciences Fund

Investors not disclosed
Source
5
Valuation: $33.5B
Cumulative: $7.4B

Blackstone completed its initial public offering, selling common units at $31 per unit and raising approximately $4.13 billion.

Investors not disclosed
4
Valuation: $30.0B
Cumulative: $3.3B

China Investment Corporation agreed to buy a non-voting stake in Blackstone ahead of its public offering for $3 billion.

China Investment Corporation (Lead)
3
Valuation: $2.1B
Cumulative: $250M

American International Group acquired a minority stake in Blackstone as part of a strategic relationship, reported as $150 million for roughly 7% of the firm.

American International Group (Lead)
2
Valuation: $500M
Cumulative: $100M

Nikko Securities made a strategic minority investment in Blackstone, reported as $100 million for about a 20% stake.

Nikko Securities (Lead)
1
Cumulative: $400K

Stephen A. Schwarzman and Peter G. Peterson founded Blackstone with approximately $400,000 of startup capital.

Investors not disclosed

Frequently Asked Questions

How much has Blackstone raised in total?
Blackstone has raised a total of $13.7B across 6 funding rounds.
Who are Blackstone's investors?
Blackstone's investors include Nikko Securities, American International Group, China Investment Corporation.
What does Blackstone do?
Blackstone is an investment manager with a life-sciences strategy focused on deploying capital into healthcare and biotechnology opportunities. The provided funding context centers on its latest life-sciences fund rather than an AI product or operating technology business. The firm raised $6.3 billion in an undisclosed round dated March 30, 2026, for the fund. Its differentiator in this context is the scale of dedicated capital available for life-sciences investments.
Where is Blackstone headquartered?
Blackstone is headquartered in New York, United States.