Blackstone’s Investors Want Their Money Back!
Patrick Boyle On Finance
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The Blackstone Reads Are Down 32% and 27% Respectively Year to Date
Jeffrey Toobin: Redemptions to private equity funds have risen over the last few months. He says investors are concerned about rising interest rates, falling property values and weakness in rents. Toobin: Non traded investments appear to be less volatile than public investments. The Blackstone reads geographic tilt towards residential property in the American Sun Belt is down 32% year-to-date.
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