FTV Capital Announces Minority Investment from Blackstone GP Stakes
Posted on 05/03/2023
Funds managed by Blackstone GP Stakes have made a minority investment in FTV Capital.
“FTV has a very differentiated franchise with strong momentum, and we’re excited to contribute to the next chapter of the firm’s story.” – Mustafa M. Siddiqui, Head of Blackstone GP Stakes, said in a press release.
Blackstone has invested selectively in other private market investors such as Leonard Green, GTCR, Great Hill, Francisco Partners, and New Mountain Capital.
FTV Capital is a growth equity investment firm that has raised US$ 6.2 billion to invest in companies offering a range of solutions in three sectors: enterprise technology and services, financial services, and payments and transaction processing.
Keywords: Blackstone Group LP.