The Intricate Dance between Public and Private Markets: A Blackstone Case Study
Blackstone's BREIT, despite its success, has been susceptible to investor redemptions amid market downturns, highlighting the complex dynamics between public and private markets.
The Challenge of Valuing Private Debt: A Look at H2O Asset Management
Valuing private debt is subjective, and as demonstrated by H2O Asset Management's dealings with bonds linked to financier Lars Windhorst, it can lead to significant exposure to illiquid debt.