Blackstone Scores $800M From Norway For North American Logistics Fund

Despite a global trade war, Norway’s sovereign wealth fund is betting on U.S. industrial growth.

Norges Bank Investment Management, Norway’s central bank and the manager of its government pension fund, invested $800M in Blackstone’s closed-end core-plus North American logistics fund.

The investment in the Blackstone Americas Logistics fund will be deployed into warehouses in large population centers across the U.S. and Canada. 

Norges Bank Investment Management (NBIM)
Paul Marcussen | Head of NY Office & Lead Portfolio Manager
Blackstone Group (NYSE: BX)
Wesley LePatner | Sr. Managing Director, BREIT, Global Head of Core+ Real Estate
Blackstone Group (NYSE: BX)
Kathleen McCarthy Baldwin | Global Co-Head of Real Estate

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