Blackstone COO: BCRED recorded $1.4B net outflows as redemptions exceeded quarterly limits

Blackstone's COO said BCRED recorded $1.4 billion of net outflows as redemption requests exceeded quarterly limits. Gross sales were nearly $750 million in Q3, with purchase requests at 10% of NAV, above the 5% quarterly limit, largely driven by carryover.

Detected & updated continuously · Source: Nebula