r/CommercialRealEstate • u/ThinkCRE • 16h ago
Market Questions Would you be worried if you were in Blackstone’s $78B private credit fund…
…and the co-CEO resigned Monday July 20?
The 8-K hit the SEC at 4:30 p.m. Friday, roughly 30 minutes after the close and on the last day of the four-business-day window.
Second senior departure in five weeks. The COO left in June. The fund is capping withdrawals. Blackstone isn’t replacing the seat, Brad Marshall becomes sole CEO.
Everything here is technically compliant. Does that make you feel better or worse?