Blackstone capped redemption requests from its flagship private credit fund after surges reached $4.5 billion in the second quarter amid mounting sector fears. In response, the firm is planning to sell stakes in private investment funds worth approximately $2 billion in one of the largest deals of its kind. This move aims to test investor appetite for aging private equity vehicles and manage liquidity demands.
Medallia secures a recapitalization deal with lenders to slash debt and inject $150 million in new capital to accelerate AI-driven product investment.
Read the full storyThe fund liquidated its Blackstone stake over credit concerns while re-entering Public Storage, eyeing a fundamental market inflection by 2026.
Blackstone is exploring a $2 billion sale of private equity fund stakes to test secondary market demand amid a broader slowdown in traditional exits.
Blackstone capped redemptions from its flagship private credit fund after investor withdrawal requests surged to $4.5 billion during the second quarter.
App marketing platform Liftoff Mobile is seeking a $3.66 billion valuation in its renewed U.S. IPO attempt, signaling a potential rebound for private equity-backed technology listings.