The $68 billion Blackstone Real Estate Income TrustĀ has been grappling with investors pulling money.
Some wealth advisers have been growing cautious about client exposure to illiquid assets in recent months.
Private equity is pivoting away from its corporate raider roots.
Rising interest rates threaten to drag down property values and make cheap debt harder to come by.
Agency examiners want to know if fees are being reduced when bets get written off.
Home Partners isn't first large investor to back away from the overheated housing market.
Executives are switching firms as the alternative investment business has boomed in the past decade.
Gabe Plotkin abruptly announced in May that he's winding down Melvin Capital Management.
The pursuit of fast-growing companies by private equity firms could leave some vulnerable as rates increase.
SEC Chair Gary Gensler has complained that the industry's fees are opaque and too high.