George Pearkes#$BLK hit with more write-downs in private credit. Small loan in a narrow space with known issues but still.
A good question, I would say #$BX reaction was REALLY aggressive and unusual while #$BLK is more "by the book". For context, redemption requests were 9.3% of capital for the #$BLK fund versus 7.9% for the #$BX vehicle - that's a pretty big slug of cash to scrounge together.
RE: https://bsky.app/profile/did:plc:ct4m7vyu7b6yd4s32qqygjpt/post/3mgflopmccs2x
๐
ฑ๐
ธ๐
ถ๐
พ๐๐๐
ด.๐
พ๐๐
ถ
SESH.sx