When a blue chip asset manager is compelled to limit withdrawals, it is incurring a heavy reputational cost. Expect to see a lot of distressed REIT and Private equity portfolios.
The question of course is: will the contagion to real economy and banks be limited( like w/ Crypto)?
RT @RobinWigg: “In a way, Breit is some of our best work." https://www.ft.com/content/195d6a3a-a320-46ec-b879-c7753d1bf205

🐦🔗: https://n.respublicae.eu/lugaricano/status/1600627771285413888