Epstein Secrets

to any changes or adjustments as are necessitated by the legal, tax, regulatory or other considerations applicable to the Fund or to one or more of the Parallel Funds, each Parallel Fund shall invest in every investment made by the Fund (other than short-term investments, as determined by the General Partner) at

ress certain of their investment considerations. The organizational and formation expenses associated with Feeder Funds will be borne by the Fund. Co-Investment The General Partner may, but will be under no obligation to, provide co- investment opportunities to one or more Limited Partners and/or third STRI

ere a single partnership, and the General Partner shall make the appropriate transfers of cash and investment percentages among the Partnership and the Parallel Funds to accomplish such application and construction. (vii) the General Partner shall not admit any person to the Partnership as an Additional Limited

ch Investment limitation is being applied on a Partner-by-Partner basis), and/or (2) treat such excused or excluded amount, as the case may be, as a Co-Investment Opportunity and offer such Co-Investment Opportunity to other persons (which may include the Partners) in accordance with the terms of Section 5.3(

se (i) above and (ii) 80% of such Limited Partner's share of Additional Fees; provided, that such fees will be allocated among the Partnership (and the Parallel Funds), the Real Estate Funds, vehicles participating with respect to the Blackstone Co-Investment Percentage, Supplemental Capital Vehicles and, to the

being primarily liable vis-a-vis such third party counterparty. Investments in Which Other Blackstone Funds Have a Different Principal Investment; Co-Investment From time to time, the Partnership can be expected to co-invest with another investment fund, managed account and/or similar arrangement otherwise