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March conference on sector opportunities fails to stem efforts to pull money out of Breit
Officials warn downturn in €1tn sector could trigger liquidity crisis if investors rush to withdraw money
Investors in Breit property vehicle sought to withdraw $3.9bn in February, down from record in previous month
Withdrawals have almost trebled since October
The turmoil of 2022 and the disclosure of Breit redemptions have put the asset manager on the defensive
Is it a sign of confidence or distress?
Private equity group offers minimum annual return of 11.25% with $1bn backstop to entice endowment
International Edition