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Flows Will Return to Private Credit, Blackstone’s Gray Tells NZZ

Source: Bloomberg

Private Markets & VentureCredit & Bond MarketsBanking & LiquidityInvestor Sentiment & Positioning

Blackstone is processing a backlog of investor redemption requests from its flagship private credit fund, signaling liquidity pressure and weaker investor appetite for the asset class. President and COO Jon Gray said the firm remains confident that private credit will recover, tempering the near-term concern.

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