---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-003923"
form_type: "8-K"
ticker: null
cik: "0001930054"
company_name: "Blackstone Private Equity Strategies Fund L.P."
filed_at: "2024-01-08T23:59:59+00:00"
generated_at: "2026-06-07T02:38:12.576438+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Blackstone PE Strategies Fund raises $1.29B, appoints new director, updates portfolio

## Summary
- Sold $1.29B in unregistered limited partnership units across Class I, S, D.
- John Hershey appointed to board; brings experience from Oregon State Treasury.
- Amended LPA: leverage limit 30%, quarterly repurchase up to 3% of NAV.
- Portfolio: 17 investments plus $1.27B future commitments across various industries.
- Administration fee set at 0.10% of NAV in new Investment Management Agreement.

## SEC filing metadata
- accession: 0001193125-24-003923
- form_type: 8-K
- cik: 0001930054
- company_name: Blackstone Private Equity Strategies Fund L.P.
- filed_at: 2024-01-08T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 3.02, 5.02, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1930054/000119312524003923/0001193125-24-003923-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1930054/000119312524003923/d851402d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-003923
- JSON: https://secwatch.observer/filing/0001193125-24-003923.json
- Plain text: https://secwatch.observer/filing/0001193125-24-003923.txt

## Key facts
- Executive change
  John Hershey was appointed as Director at Blackstone Private Equity Strategies Fund L.P..
  - Action: appointed
  - Role: Director
  source text: On January 2, 2024, the General Partner appointed John Hershey to the Fund’s board of directors (the “Board”) and the Board appointed Mr. Hershey to the Board’s Audit Committee.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1930054/000119312524003923/0001193125-24-003923-index.htm
- Governance Changes
  Blackstone Private Equity Strategies Fund L.P.: Entered into an amended limited partnership agreement with changes to leverage limit, exculpation, independent director requirement, and repurchase program (effective 2024-01-02).
  - Change: bylaw amendment
  - Effective: 2024-01-02
  source text: On January 2, 2024, the Fund entered into an Amended and Restated Limited Partnership Agreement (the “A&R LPA”), with the General Partner, and each of the Fund’s limited partners.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1930054/000119312524003923/0001193125-24-003923-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.