UNLOCK THE POWER OF THE VAULT

Blackstone trust becomes a test of the retail investing trend

January 8, 2023

Blackstone trust becomes a test of the retail investing trend

January 8, 2023

Blackstone trust becomes a test of the retail investing trend

January 5, 2022 | Kate Marino | Axios

A turbulent market has highlighted just how difficult it is to provide retail investors access to illiquid investments like real estate and other private assets.

Why it matters: Raising funds from the “mass affluent” has become the next big growth area for private equity (PE) firms that historically tapped institutions and the uber-wealthy.

Driving the news: In recent months, a spate of redemption requests by investors in the Blackstone Real Estate Income Trust (BREIT) is proving to be something of a test for the relatively new “semi-liquid” fund structure created for individual investors.

≡ Continue Reading