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Blackstone’s Redemption Wave

hedgeco

3 months ago

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What the $3.7 Billion BCRED Outflows Reveal About the Future of Private Credit

(HedgeCo.Net) Blackstone has long been considered the undisputed leader of the global private credit industry. Its flagship vehicle, the Blackstone Private Credit Fund (BCRED), manages tens of billions of dollars in corporate loans and has become one of the most widely held private credit funds among wealth-management clients.

However, the fund recently experienced approximately $3.7 billion in investor withdraw...

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