Tactical Opportunities
We provide opportunistic capital, timely investing decisions and differentiated solutions.
$32B
Assets Under Management
143
Investments*
152
Tac Opps Professionals Globally
WHAT WE DO
We invest flexible capital to construct a differentiated portfolio for our investors.
Unconstrained
Our strategy is unconstrained by asset class, industry, sector, security type or geography.
Nimble
Whether in times of stability or volatility, in good markets or in bad, there are always strategic opportunities for those with the skills and talent to see what others don’t. Windows of opportunity open and close without warning. We respond dynamically, moving with conviction, judgment and discipline to capture opportunities that less equipped investors miss.
Differentiated
We make investments that traditional investment strategies either don’t or can’t. These investments are differentiated and seek to deliver portfolios with less correlation and lower volatility.
Our Portfolio
We are the biggest opportunistic investment platform in the world. Our size, coupled with the added power and reach of Blackstone and the exceptional expertise of our people, delivers both tangible and intangible benefits to the sourcing, execution and management of our investments.
Cloudreach
In 2017, Tac Opps acquired a stake in Cloudreach, a leading cloud services provider. We made this investment because we precociously identified a growing need in the market for enterprise end-to-end cloud solutions via the insights from executives across Blackstone portfolio companies as well as our internal team of technology-focused professionals.
PayPal
In 2015, Tac Opps acquired from PayPal an interest in a portfolio of U.S. consumer credit accounts. Tac Opps’ nimble, flexible approach enabled us to partner with a leading payments company to create an attractive opportunity in the consumer credit space while mitigating downside risk.
Shipping Insurance
In 2012, Tac Opps created an unprecedented structured investment providing credit insurance on a portfolio of shipping loans. Despite sector-specific risks, Tac Opps recognized the quality and attractive relative value of the credits. Using our flexible capital and rigorous approach to due diligence, we individually selected the strongest credits and aggregated them into a bespoke, structured portfolio.
Phoenix Tower
In 2014, Tac Opps invested in Phoenix Tower International, a wireless cellular infrastructure platform focused on the Americas. By virtue of a thematic focus and deep expertise in digital infrastructure, we were able to partner with an experienced management team and source the investment on a proprietary basis. Today, Phoenix Tower is a leading telecom infrastructure provider present in 14 countries.
Pretium
In 2015, Tac Opps made a structured investment in Pretium Resources, a publicly listed mining company developing the third-largest high-grade gold mine in the Western hemisphere. We leveraged Blackstone’s expertise in metals and our ability to develop bespoke investment structures to invest across the Pretium capital structure to mitigate downside risk while preserving upside return potential.
Rothesay Life
In 2013, Tac Opps acquired an equity stake in Rothesay Life, a U.K. pension insurer. Our experience in insurance enabled us to recognize Rothesay’s solid position and strong management team in a market we believed was poised for growth. Following our investment we partnered with Rothesay to pursue growth initiatives while maintaining the company’s sound operational and investment management to arrive at what is today the U.K.’s largest private pension insurer.
Note: All figures as of March 31, 2021, unless otherwise indicated.
*Number of deals across the business as of March 31, 2021.
“We are effectively a joint venture across Blackstone’s business units. Considering all of the many advantages of our business, being a part of Blackstone is the single biggest differentiator and the one which is hardest to replicate.”
DAVID BLITZERGLOBAL HEAD OF TACTICAL OPPORTUNITIES