The SEC is reaching out to Blackstone and Starwood after the real-estate giants limited investors' withdrawals from their funds, report says

Dec 16 2022 by Business Insider

 
Steve Schwarzman, the chief executive of Blackstone.

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Investors are pulling their money from big real estate funds at a quick pace. Blackstone and Starwood recently limited investors' ability to withdraw. The SEC is now asking for details about these decisions, according to Bloomberg.

Blackstone and Starwood Capital Group are drawing attention from the Securities and Exchange Commission for their recent moves to limit the ability of individual investors to take their...

Continue Reading The SEC is reaching out to Blackstone and Starwood after the real-estate giants limited investors' withdrawals from their funds, report says