Blackstone 10% Owner Buys $20.13M of Blackstone Private RE Credit Shares

What Happened

• Blackstone-affiliated entities (including Blackstone Private Multi-Asset Credit & Income Fund, a reported 10% owner) purchased a total of 769,892.884 common shares of Blackstone Private Real Estate Credit & Income Fund on June 23, 2026.
• The purchases were: 765,110.941 shares at $26.14 each for $20,000,000, and 4,781.943 shares at $26.14 each for $125,000 — total consideration about $20,125,000. These were purchases (institutional buys), not sales.

Key Details

• Transaction date: 2026-06-23; reported on an amended Form 4/A filed 2026-08-24 (the original Form 4 was filed 2026-06-24).
• Transaction code: P = Purchase (open market or private purchase). Price: $26.14 per share.
• Shares reported bought: 765,110.941 and 4,781.943 (total 769,892.884). Total value ≈ $20,125,000.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Footnotes: Purchases and holdings are through Blackstone-related funds and entities (BMACX, BREC-S, BCRED X). Footnotes detail the ownership/control chain among Blackstone affiliates and include standard disclaimers that many reporting persons disclaim direct beneficial ownership except to the extent of pecuniary interest.
• Filing note: This is an amendment to add purchases by BREC-S that were inadvertently omitted from the original Form 4. The amendment updates subsequent filings’ reported beneficial ownership.

Context

• These are institutional purchases by Blackstone-affiliated funds (a reported 10% owner), not individual executive trades—interpret accordingly.
• The filing amendment corrects the earlier omission; the original Form 4 was filed promptly (6/24/2026) and was later amended (8/24/2026) to include the missing holdings.
• Purchases by large institutional affiliates can signal allocation decisions by the fund but are not the same as insider (executive/officer) signals; no speculative conclusions about management intent are made.