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Investors in Breit property vehicle sought to withdraw $3.9bn in February, down from record in previous month
Withdrawals have almost trebled since October
The turmoil of 2022 and the disclosure of Breit redemptions have put the asset manager on the defensive
Is it a sign of confidence or distress?
Private equity group offers minimum annual return of 11.25% with $1bn backstop to entice endowment