---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-000969"
form_type: "8-K"
ticker: null
cik: "0001930054"
company_name: "Blackstone Private Equity Strategies Fund L.P."
filed_at: "2026-01-02T23:59:59+00:00"
generated_at: "2026-05-16T11:51:16.174200+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Blackstone PE Funds launch Class I-Series II/III units with $50M/$250M minimum; fees 1.05%/0.95%

## Summary
- New Class I-Series II and III units: min investment $50M and $250M respectively, lower management fees (1.05% and 0.95%) vs 1.25% for existing Series I.
- Viral Patel appointed to board of directors, effective Jan 1, 2026; replaces David Blitzer who retired.
- Amended investment management agreement with tiered fee structure; administration fee unchanged at 0.10%.
- Amendments to limited partnership agreements to add new series and redesignate existing Class I as Series I.

## SEC filing metadata
- accession: 0001193125-26-000969
- form_type: 8-K
- cik: 0001930054
- company_name: Blackstone Private Equity Strategies Fund L.P.
- filed_at: 2026-01-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 5.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1930054/000119312526000969/0001193125-26-000969-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1930054/000119312526000969/d73301d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-000969
- JSON: https://secwatch.observer/filing/0001193125-26-000969.json
- Plain text: https://secwatch.observer/filing/0001193125-26-000969.txt

## Source-grounded claims
- claim_id: be679d0145d6e652bca5a8f24dfc9ef8ddeb4c81
  claim: Blackstone Private Equity Strategies Fund L.P.: Redesignation of existing Class I units to Class I-Series I Units and designation of new Class I-Series II and Class I-Series III units (effective 2026-01-01).
  evidence_excerpt: The Amendments include the redesignation of the existing Class I units of the Funds to Class I-Series I Units, the designation of two new series of Class I units of the Funds, Class I-Series II Units and Class I-Series III Units, and certain related changes in connection with such redesignation and designation.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1930054/000119312526000969/0001193125-26-000969-index.htm
- claim_id: 9db5a7e0aa3ab1e1c96ff094c334f9a84fcb7800
  claim: Blackstone Private Equity Strategies Fund L.P. entered into Amended and Restated Investment Management Agreement with Blackstone Private Investments Advisors L.L.C. valued at Management fee of 1.25% on Class I-Series I Units, 1.05% on Class I-Series II Units, 0.95% on Class (effective 2026-01-01).
  evidence_excerpt: On January 1, 2026, BXPE U.S. entered into an Amended and Restated Investment Management Agreement (the “Investment Management Agreement”) with Blackstone Private Investments Advisors L.L.C. (the “Investment Manager”), to make certain updates reflecting the designation of the Class I-Series II Units and Class I-Series III Units.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1930054/000119312526000969/0001193125-26-000969-index.htm

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