
Blackstone Tactical Opportunities
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
Frequently Asked Questions
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