Financial Times/Antoine Gara and Sujeet Indap/12-2-2022
“Blackstone has limited withdrawals from its $125bn real estate investment fund following a surge in redemption requests, as investors clamour to get their hands on cash and concerns grow about the long-term health of the commercial property market. The private equity group approved only 43 percent of redemption requests.…”
USAGOLD note: Easy to get in. Difficult, it would seem, to get out. … This article caught our eye – an interesting read. It can’t help but raise a question: Is this the shape of things to come or an anomaly?
