Blackstone Inc. is planning an IPO that could raise up to $2 billion to fund a data‑center acquisition vehicle.
Goldman Sachs will lead the offering, with Citigroup and Morgan Stanley also acting as joint book‑runners.
Blackstone has already filed confidential paperwork with U.S. regulators and is courting sovereign‑wealth funds for initial investors.
The vehicle aims to let shareholders bet on the artificial‑intelligence‑driven demand for data‑center capacity.