secwatch.observer — SEC 8-K summary
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Issuer:     Blackstone Private Equity Strategies Fund L.P. (—)
CIK:        0001930054
Form:       8-K
Filed at:   2024-01-08T23:59:59+00:00
Accession:  0001193125-24-003923
Event type: other_material
Sentiment:  positive
Materiality: 0.80
Item codes: 1.01, 3.02, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1930054/000119312524003923/0001193125-24-003923-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1930054/000119312524003923/d851402d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-003923

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer