BDCs Sport Lofty Yields, But the Risks Are Growing

Business development companies lend to midsize private companies at high interest rates. They have proven popular with retail investors in recent years by offering dividend yields of around 10%. Total...

Blackstone’s Breit Retail Real Estate Fund Suffers First Significant Outflows

Blackstone ‘s big retail real estate fund experienced sizable net redemptions for the first time, in a potentially worrisome development for what has become one of the firm’s most important products a...