1. There is no guarantee that BETP will be able to achieve its investment objectives or avoid significant losses. There can be no assurances made that BETP will find any future opportunities relating to the above themes.
i. Source: https://www2.blackstone.com/e/213192/h-1-trillion-with-right-rules-/2lh5bj/599937918h=TqzkpeShDdT4hEVMKF9kb50UUrP0CMhCU-c5zu35aa4
ii. Source: McKinsey & Company, “A blueprint for scaling voluntary carbon markets to meet the climate challenge”, January 29, 2021.
iii. Source: https://www2.blackstone.com/e/213192/h-1-trillion-with-right-rules-/2lh5bj/599937918?h=TqzkpeShDdT4hEVMKF9kb50UUrP0CMhCU-c5zu35aa4
iv. Source: Trove Research, 2022.
Note: All figures as of December, 31, 2022, unless otherwise indicated. The opinions expressed herein reflect the current opinions of Blackstone as of the date appearing in this material only. There can be no assurance that views and opinions expressed in this document will come to pass. The above example may not be representative of all investments of a given type or of investments generally and it should not be assumed that any Blackstone fund or investment will make comparable or equally successful investments in the future. There can be no assurance that any Blackstone fund or investment will achieve its objectives or avoid substantial losses. While Blackstone believes ESG factors can enhance long-term value, Blackstone does not pursue an ESG-based investment strategy or limit its investments to those that meet specific ESG criteria except with respect to products or strategies that are explicitly designated as doing so in their offering documents or other applicable governing documents. Such considerations do not qualify Blackstone’s objectives to seek to maximize risk adjusted returns. Please see “Important Disclosure Information”.
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