Blackstone has launched a new impact platform, searching to deliver positive financial impact, as part of the firm's Strategic Partners group, which focuses on private fund investing.
Vehicle was registered in Luxembourg in September 2018 and held a first close earlier in the year
Fund will follow the same strategy as its predecessor, Accel London V, which raised €500m
GP sells Dutch petrochemical business BRB to Malaysia-based peer Petronas Chemicals Group
GP acquires a 37.5% stake in the low-calorie drinks brand and typically writes cheques of up to £10m