FAILURE: Blackstone to Close Multi-Strategy Fund after Assets Plummet

Posted on 11/21/2023

The massive Blackstone Group is closing its fund called the Blackstone Diversified Multi-Strategy fund by the end of the year. Blackstone Diversified Multi-Strategy Fund assets at the start of 2020 till the end of October 2023, lost about 2% in performance terms, according to investor documents. In comparison, the MSCI World index of stocks has…

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