Blackstone's Flagship Private Credit Fund, World's Largest, Posts First Monthly Loss Since 2022

It only took a constant barrage of negative news surrounding the private credit space, including a surge in redemptions, investor gating, questions about loan markets as well as outright fraud, not to mention relentless criticism from of some of the biggest luminaries in credit, including Saba's Boaz Weinstein and Diameter's Scott Goodwin, for Blackstone to concede that its private credit book may have been mismarked.According to Bloomberg, Blackstone's flagship private credit fund - and the world's largest ...