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3 articles summarized · Last updated: LATEST

Last updated: April 28, 2026, 11:30 AM ET

Real Estate & Private Equity Fundraising

JEN Partners closed its ninth flagship fund after hitting the $900 million hard-cap, driven by strong commitments from existing investors, signaling sustained appetite for opportunistic real estate strategies. This fundraising success comes as Blackstone's CEO Stephen Schwarzman asserted the relative durability of physical assets and asset-based credit against technological headwinds, contrasting them with more vulnerable corporate credit exposures. Meanwhile, the infrastructure arm of Blackstone positioned itself to capitalize on AI demand, securing a $1.5 billion investment in telecommunications towers via KKR while its own credit vehicle achieved a $450 million interim close for Harbert's latest fund.