
Blackstone chief defends actual property fund amid rush for withdrawals
Traders nervous about Blackstone’s actual property funding belief ought to view it as a long-term automobile that is nicely positioned for the long run, the agency’s president stated Thursday. Blackstone has taken warmth over the previous week for limiting withdrawals from the $69 billion non-public REIT, the Blackstone Actual Property Earnings Belief, or BREIT. That…