Blackstone completed the acquisition of iQ from Goldman Sachs for $6bn.

Blackstone Group completed the acquisition of British student accommodation company iQ, from Goldman Sachs' merchant banking unit and medical charity Wellcome Trust for $6bn. "This deal is a testament to our long-term belief in the UK. British higher education is globally renowned and we are delighted to invest meaningful capital to support IQ’s further growth,” James Seppala, Blackstone Head of European Real Estate.