Blackstone Group's private equity fund for wealthy individuals achieved its strongest monthly performance on record in May, thanks to its investment in AI sensation Anthropic PBC. A letter to investors revealed that the fund's Class I shares delivered a net return of 4.3% in May, bringing the year-to-date gain to 11.4%. In the second quarter, BXPE invested over $2.5 billion, including additional investments in Anthropic and bets on payment processor Stripe.
