The firm has reportedly engaged with prospective buyers to facilitate liquidity for investors in a US-based open-ended fund managed by Blackstone Property Partners.
Evercore and Morgan Stanley acted as financial advisers to Amulet on the transaction, while Kirkland & Ellis served as legal adviser. Debevoise & Plimpton advised StepStone.
Peterson Fund X rolled its stake and made an additional investment in the mechanical, electrical, and plumbing services provider held within the continuation fund.