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IPFS News Link • SEC-Securities Exchange Commission

Blackstone's real estate fund for wealthy prompts SEC queries - Bloomberg News

•, Reuters

Earlier this month, the asset manager limited withdrawals from the $68-billion Blackstone Real Estate Income Trust after receiving too many redemption requests.

The regulator is trying to understand the market impact and circumstances of the events, according to the report, which added that the inquiries aren't any indication that the firm is under investigation or committed any wrongdoing.

Blackstone and the SEC did not immediately respond to Reuters requests for comment.