Blackstone’s Leaky Property Fund Pays for a Thumbs Up January 4, 2023 The private-equity firm’s nontraded BREIT fund received a welcome $4 billion cash injection from University of California. In return, it had to promise fat returns at lower risk than usual. https://www.wsj.com/articles/blackstones-leaky-property-fund-pays-for-a-thumbs-up-11672835886?mod=rss_markets_main