Blackstone Group Looks Best Poised in Alternatives Amid Rising RatesVW Staff
William R Katz, Neil Stratton and Steven J Fullerton of Citigroup Inc. (NYSE:C) continue to see further evidence that Alternatives are diversifying their businesses, deploying dry powder despite upward moves in rates & markets and perhaps most importantly, actively monetizing investments, helping to drive distributions. In turn, investor uneasiness that higher rates will truncate the ability of managers to either make new investments or exit existing ones seems unfounded, in their view, and Blackstone Group is among . . .
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