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The firm is looking to match the size of its predecessor, which closed in 2023 with $22 billion in capital commitments.
Blackstone Strategic Partners X has secured approximately 73% of its $22 billion target.
SecondaryLink outlines the IRR and MOIC of several secondary funds managed by Blackstone.
The firm's $3.1 billion in Q3 secondaries inflows were driven primarily by its tenth private equity and ninth real estate secondary funds.
The firm's lower fees in its flagship secondary funds will be offset by growth in its private wealth assets, according to CFO David Park.
Its predecessor raised over $300 million in capital commitments, closing at twice its target earlier this year.
The India-focused vehicle has a target size of $75 million and will allocate capital across primaries, secondaries, and co-investments.
The firm's secondaries business topped the $100 billion AUM milestone during the first quarter.