Blackstone Private Equity Strategies Fund SICAV (BXPE)

Blackstone Private Equity Strategies Fund SICAV (BXPE) is an open-end SICAV managed by Blackstone and domiciled in Luxembourg, where it operates under the UCI Part II framework. It is structured as a Non-ELTIF vehicle, so N/A applies, and it is distributed on a pan-European basis to both professional and eligible private wealth investors. The fund launched in 2024, is denominated in USD, and is classified Article 8 under SFDR. It pursues a multi-strategy approach within private equity, combining buyout, opportunistic and secondary-type exposures in a single evergreen portfolio rather than through a fixed-life drawdown structure, with current regional weightings shown under .

Dealing mechanics follow the semi-liquid template common to this format: the portfolio is valued at monthly intervals, capital can be committed and deployed on a monthly basis at the prevailing NAV, and liquidity is provided through quarterly repurchase windows subject to a cap at fund level and an early-repurchase deduction during the initial holding period. Investors should read redemption capacity as discretionary and capped rather than guaranteed, since dealing depends on available liquidity and the manager's assessment of the underlying private holdings. The entry threshold is set at 25,000 USD, placing the vehicle within reach of wealth channels as well as institutional allocators. Fees comprise a management charge plus a performance-based element of , applied subject to a hurdle and a loss-carryforward mechanism.

Within the Novantigo coverage universe of 494 vehicles as of 31 Aug 2026, the fund is one of 163 private equity strategies tracked, one of 347 funds domiciled in Luxembourg, and one of 117 that combine both. Reported assets stand at , with the direction of flows over recent reporting periods captured by , which can be compared against the same peer sets when assessing scale and the depth of the liquidity sleeve supporting quarterly repurchases.