Hi {{First name | there}},
Please see below for highlights on the deal:
Blackstone’s GP Stakes platform (BXGP) presumably exited 100% of its stake for $280 million in cash in CVC’s 100% acquisition of Marathon Asset Management announced this morning
BXGP originally acquired the stake in June 2016, when the business sat under the Blackstone Strategic Capital Holdings brand within the Blackstone Alternative Asset Management (BAAM) umbrella, before later being rehoused under BX’s Strategic Partners platform
You can also see our LinkedIn post here with more details.
