UC Investments Creates Strategic Venture with Blackstone to Invest $4B in BREIT Common Shares

OAKLAND, Calif. & NEW YORK--The Office of the Chief Investment Officer of the Regents of the University of California (“UC Investments”) and Blackstone (NYSE: BX) today announced a long-term strategic venture in which UC Investments will invest $4 billion in Blackstone Real Estate Income Trust, Inc. (“BREIT”) Class I common shares, the largest existing share […]