After years of rapid growth amid bumper profits, the tech sector is now firmly in cost-cutting mode. Alphabet Google was the latest company to highlight this Thursday, confirming plans to merge the te...
Tag: Breit
Blackstone restricts sale of Breit fund
In a statement, investment firm Blackstone has blocked withdrawals that exceed a certain threshold for its $125 billion Breit fund. The last few days have brought with them a new tailspin of contagion...
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...