“Blackstone to close multi-strategy fund after assets drop nearly 90%”
November 21, 2023
“Blackstone plans to close a fund that exposes investors to a variety of hedge funds and trading strategies after assets fell almost 90% in four years, the company told Reuters on Tuesday…
Assets under management in the fund peaked at 1.7 billion pounds ($2.12 billion) during the last quarter of 2019. But that had dropped to 190 million pounds, according to the latest fund holdings provided by Kepler Absolute Hedge…”
https://finance.yahoo.com/news/blackstone-close-multi-strategy-fund-055307473.html