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Blackstone’s Gray: Market ‘noise’ fueled record redemptions from world’s largest private credit fund
Blackstone president Jon Gray defended the quality of loans within the firm's flagship private credit fund.
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cnbc.com
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Blackstone’s Gray: Market ‘noise’ fueled record redemptions from world’s largest private credit fund
Blackstone president Jon Gray defended the quality of loans within the firm's flagship private credit fund.
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Investors poured billions into private credit. Now many want their money back
Recent redemptions in private credit expose the tensions between high returns and retail liquidity.