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People familiar with the matter said that Blackstone Group is considering abandoning a debt financing plan of about 3 billion US dollars, which would have helped the company return part of the funds to investors. People familiar with the matter said that for several months, Kuroishi has been preparing so-called fund collateral debt certificates for one of its earlier-established private equity secondary market funds. The fund has about 700 underlying investments. Since the relevant information was not public, these individuals requested anonymity. According to some sources, it has been difficult for Blackstone to find a buyer for the equity file of this deal, and the equity file is usually the riskiest part of such a deal. People familiar with the matter said that Blackstone executives are still weighing various options, and the company may decide to continue with this CFO deal or seek other ways to return funds to existing investors.
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People familiar with the matter said that Blackstone Group is considering abandoning a debt financing plan of about 3 billion US dollars, which would have helped the company return part of the funds to investors. People familiar with the matter said that for several months, Kuroishi has been preparing so-called fund collateral debt certificates for one of its earlier-established private equity secondary market funds. The fund has about 700 underlying investments. Since the relevant information was not public, these individuals requested anonymity. According to some sources, it has been difficult for Blackstone to find a buyer for the equity file of this deal, and the equity file is usually the riskiest part of such a deal. People familiar with the matter said that Blackstone executives are still weighing various options, and the company may decide to continue with this CFO deal or seek other ways to return funds to existing investors.
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