The tweet was deleted by the author.
But we saved everything 🙂.
Edward Dowd, founding partner at OceanSquare Asset Mgmt and ex-BlackRock executive, highlights ongoing redemption activity in Blackstone's private credit offerings. According to Dowd, Blackstone is experiencing continued redemptions at a rate of 10 percent, but these remain capped at 5 percent.
View post on X Loading...
Dowd has previously commented on governance issues in the private credit sector. He recently noted that three private credit CEOs exited the Goldman Sachs PC Fund in just eight weeks. In a separate discussion, he cited the federal investigation and a margin call involving Guggenheim CEO Mark Walter.