BREAKING: $79 Billion Fund Just Froze Investor Withdrawals

Blackstone’s flagship private credit fund just did something it had never done before. Investors tried to pull out about 10% of the fund’s shares. Blackstone finally and for the first time ever said, NO. The $79 billion Blackstone Private Credit Fund, known as B-CRED, told shareholders it would only allow 5% of shares to be redeemed. And this is where the story gets uncomfortable. Eurodollar University's Money & Macro Analysis ---------------------------------------------------------------------------------- What if your gold could actually pay you every month… in MORE gold? That’s exactly what Monetary Metals does. You still own your gold, fully insured in your name, but instead of sitting idle, it earns real yield paid in physical gold. No selling. No trading. Just more gold every month. Check it out here: https://monetary-metals.com/snider ---------------------------------------------------------------------------------- Blackstone’s BCRED Caps Redemptions After Investors Seek 10% https://www.bloomberg.com/news/articl... Ares’ Jacobson Slams ‘Disconnect’ Over Private Credit Headlines https://www.bloomberg.com/news/articl... Private Credit’s Reckoning Is Written in the ‘Laws of Physics’ https://www.bloomberg.com/news/articl... Ares Owed $547 Million After Collapse of Textor’s Eagle Football https://www.bloomberg.com/news/articl... https://www.eurodollar.university Twitter:   / jeffsnider_edu   I’ll also be active on Bravais Social - a new AI-centered social network designed for professionals and knowledge workers. The platform aims to bring together a wider range of tools and functionalities tailored specifically for professional interaction, research, and knowledge exchange in one place. You can find me here: https://bravais.social/profile/edu