Blackstone Inc.’s flagship fund, BCRED, has reported $2.4 billion in capital inflows from affluent individuals globally, marking the highest inflows in over a year.
This indicates a rebound in fundraising, with a 30% increase in capital inflows compared to the second quarter.
The fund provides floating-rate loans backed by collateral, and specializes in offering direct loans to companies, which enables them to finance leveraged buyouts.
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