Answer:
Mutual funds require daily liquidity, which restricts them to highly liquid assets. Interval funds, on the other hand, can hold private credit or private equity, offering investors higher returns without daily redemption pressure.
What percentage of nontraded BDC public capital raise came from Blackstone Private Credit Fund in the third quarter of 2024?
Answer: Blackstone Private Credit Fund raised a total of $1.93 billion in public capital in the third quarter of 2024, approximately 26.0% of the industry total. Blue Owl Credit Income Corp. raised the second most capital at $1.45 billion, approximately 19.5% of the industry total.
