Blackstone BDC Profit Drops 94% While Loan Performance Steadies
Profit at Blackstone Inc.’s publicly traded private credit fund dropped 94% in the second quarter as the value of holdings declined, though the performance of loans steadied.
By Preeti Singh and Ellen DiMauro · Bloomberg Markets
Profit at Blackstone Inc.’s publicly traded private credit fund dropped 94% in the second quarter as the value of holdings declined, though the performance of loans steadied.