Blackstone is seeking to sell more than $2bn of stakes in private investment funds through a securitised structure, in a move that highlights growing demand for liquidity solutions across the private equity industry, according to a report by Bloomberg.
The report cites unnamed people familiar with the matter as revealing that the transaction would package existing exposures to leveraged buyout funds into a collateralised fund obligation (CFO), allowing the firm to distribute risk and returns acr...
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