Blackstone has announced the launch of Blackstone Private Multi-Asset Credit and Income Fund (BMACX), the firm’s first private multi-asset credit interval fund. Investors can now access BMACX through select registered investment advisers.
BMACX aims to provide individual investors with a one-stop, private multi-asset credit solution designed to access strategies across Blackstone’s $465 billion credit platform. The fund offers ticker execution with daily subscriptions, quarterly liquidity and low investment minimums with capital invested immediately.
BMACX will invest across a diverse range of credit assets, including private corporate credit, asset based and real estate credit, structured credit and liquid credit, seeking to deliver attractive and stable income through a monthly distribution while managing risk.