Blackstone Forms $4.6 Billion Life Sciences Fund

July 13, 2020

Cleary Gottlieb represented Blackstone (NYSE: BX) in the formation of Blackstone Life Sciences V (BXLS V), the inaugural Blackstone fund in life sciences.

BXLS V was oversubscribed and closed at its hard cap with $4.6 billion of total capital commitments —the largest life sciences private fund raised to date.

Blackstone Life Sciences is a private, global investment platform with capabilities to invest across the life-cycle of companies and products within the key life science sectors. By combining scale investments and hands-on operational leadership, Blackstone Life Sciences helps bring to market promising new medicines that improve patients’ lives.

For more information, please see the press release here.