Blackstone Secured Lending: A Great Place To Park Your Cash In 2024

smshoot If you have a higher risk appetite than clipping yield from short-term treasuries or money market funds but are feeling jittery about overall equities due to the Magnificent 7 mania last year, consider parking your cash in the highest quality BDC (essentially all first-lien debt into large companies in non-cyclical industries), which I believe you can comfortably earn double-digit IRRs with ~11% cash yield with a narrow distribution of outcome under most macro scenarios. Blackstone Secured Lendi ...