Business & Economy

Blackstone restricts flagship fund withdrawals as private asset fears reemerge

Blackstone capped withdrawals from its $79 billion BCRED fund after redemption requests rose from 7.9% to 10%, adding to private market liquidity concerns.

Source CNBC Updated 1h 46m ago AI Summary

AI Summary

Blackstone capped withdrawals from its $79 billion BCRED fund after redemption requests rose from 7.9% to 10%, adding to private market liquidity concerns.

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