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Blackstone Tactical Opportunities

North America, New York, United States, New York

Description

Blackstone Tactical Opportunities (Tac Opps) is a distinctive and highly flexible investment platform operating under the umbrella of Blackstone, one of the world's largest alternative asset managers. Established in 2012, Tac Opps was created to capitalize on global investment opportunities that often fall outside the traditional mandates of Blackstone's core private equity, real estate, or credit funds. Its mandate is broad, allowing it to invest across all asset classes, geographies, and capital structures, providing bespoke solutions to companies and situations requiring adaptable capital.

The platform is characterized by its opportunistic and unconstrained approach, seeking out complex, unique, and often time-sensitive situations. This includes everything from minority equity stakes and preferred equity to structured debt, joint ventures, and even full control investments. Tac Opps is known for its ability to move quickly and deploy significant capital into a diverse range of sectors, including technology, healthcare, consumer, and industrials, among others. Its agility allows it to navigate market dislocations, provide solutions for corporate carve-outs, or support growth initiatives that might not fit conventional investment criteria.

Since its inception, Blackstone Tactical Opportunities has demonstrated substantial scale and impact. As of late 2021, the platform had deployed over $40 billion across more than 160 investments globally, showcasing its prolific activity and broad reach. This significant capital deployment underscores its capacity to engage in large-scale transactions while maintaining the flexibility to pursue compelling opportunities of varying sizes. The platform's latest fund, Tactical Opportunities Fund V, is reportedly targeting $7 billion, following the successful close of its predecessor, Fund IV, at $5.2 billion in 2021. This substantial capital base enables Tac Opps to provide robust financial backing and strategic partnership to its portfolio companies, making it a formidable player in the opportunistic investment landscape.

Investor Profile

Blackstone Tactical Opportunities has backed more than 22 startups, with 1 new investments in the last 12 months alone. The firm has led 15 rounds, about 68% of its total and boasts 10 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Private Equity, Series Unknown, Post Ipo Equity rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, Canada.
  • Strong thematic focus on Financial Services, Information Technology, Cyber Security.
  • Led 1 rounds in the past year.
  • Typical check size: $50M – $1000M.

Stage Focus

  • Private Equity (45%)
  • Series Unknown (23%)
  • Post Ipo Equity (14%)
  • Convertible Note (5%)
  • Post Ipo Debt (5%)
  • Series D (5%)
  • Series A (5%)

Country Focus

  • United States (50%)
  • United Kingdom (18%)
  • Canada (9%)
  • France (9%)
  • China (5%)
  • Brazil (5%)
  • Italy (5%)

Industry Focus

  • Financial Services
  • Information Technology
  • Cyber Security
  • Data Center
  • Saas
  • Insurance
  • Insurtech
  • Advertising
  • Hospital
  • E-commerce
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Blackstone Tactical Opportunities frequently co-invest with?

OM
North America, New York, United States, New York
Co-Investments: 2
Fairfax Financial Holdings
North America, Ontario, Canada, Toronto
Co-Investments: 1
Raga Partners
North America, New York, United States, New York
Co-Investments: 1
North Equity
North America, Florida, United States, Miami
Co-Investments: 1
GS Growth
North America, New York, United States, New York
Co-Investments: 2
Genstar Capital
North America, California, United States, San Francisco
Co-Investments: 1
Powerhouse Capital
North America, California, United States, Los Angeles
Co-Investments: 1
Harvest Partners Structured Capital
North America, New York, United States, New York
Co-Investments: 1
ClearSky
North America, Florida, United States, North Palm Beach
Co-Investments: 2
Clearlake Capital Group
North America, California, United States, Santa Monica
Co-Investments: 1

What are some of recent deals done by Blackstone Tactical Opportunities?

Inhabit

Knoxville, Tennessee, United States

Inhabit IQ is a computer service company that specializes in providing software as a service platform for the real estate industry.

CommercialProperty ManagementResidentialSaaS
Series UnknownDec 2, 2024
Buyers Edge Platform

Waltham, Massachusetts, United States

Buyers Edge Platform is a data-driven supply chain, contracting, and purchasing partner in the food service industry.

Food DeliveryHospitalitySaaSSoftwareSupply Chain Management
Private EquityApr 8, 2024
Amount Raised: $425,000,000
Redpin

London, England, United Kingdom

Redpin connect global citizens and businesses by simplifying life's most crucial payments.

FinanceFinancial Services
Series UnknownNov 14, 2023
Amount Raised: $174,912,107
Lazeo

Paris, Ile-de-France, France

Lazeo is specializing in laser hair removal, liposucions, anti-aging care.

BeautyConsumer GoodsCosmetics
Series UnknownJul 6, 2023
Recurrent Ventures

Miami, Florida, United States

Recurrent is an innovative digital media company that helps brands to grow, and connect with consumers.

AdvertisingDigital MediaMedia and Entertainment
Private EquityMay 18, 2022
Amount Raised: $300,000,000
Currencies Direct

London, England, United Kingdom

Commercial foreign exchange for the purchase or sale of any currency.

BillingE-CommerceFinanceFinancial ServicesLendingPayments
Private EquityMar 8, 2022
Amount Raised: $183,380,729
VNET Group

Beijing, Beijing, China

VNET Group is a cyberspace infrastructure service providers and a leading carrier-neutral data center service provider.

Cyber SecurityData CenterInformation TechnologySustainability
Convertible NoteJan 28, 2022
Amount Raised: $250,000,000
DECA Dental

Dallas, Texas, United States

DECA Dental is the largest privately held dental company.

DentalHospital
Series UnknownAug 26, 2021
Walker Edison

West Jordan, Utah, United States

Walker Edison is a partner and a drop-ship solution for the biggest names in e-commerce.

B2BE-CommerceFurniture
Private EquityMay 24, 2021
Finance of America Companies

New York, New York, United States

Finance of America Companies is a consumer lending company that offers lending products and services.

BankingFinancial ServicesLending
Post Ipo EquityApr 5, 2021
Amount Raised: $250,000,000