Blackstone Imposes Limits on Its $69bn Real Estate Fund, What Does It Mean for Investors?
Blackstone, the world’s largest private equity firm, has been making headlines again for imposing limits on redemptions from its Blackstone Real Estate Income Trust (BREIT). In January, the firm hit its monthly redemption limit with $6.8bn in redemption requests, of which only 21% were fulfilled. The story of Blackstone’s redemption limit is not a standalone […]
Daily Market Update: Thursday, February 2, 2023
The Federal Reserve’s announcement of a 25 basis point increase in the target interest rate overnight sent ripples through the stock market and the US dollar. While the American economy is seeing moderate growth and strong job increases, policymakers are still wary of inflation threats. In this article, we will delve into the market reaction […]