Private equity and private credit gating mechanisms (e.g., Blackstone BREIT) actually provide stability by preventing bank-run conditions and controlling withdrawal velocity, even though they harm investors in the short term
causalpending
Speaker
Nick GlinsmannEvidence Quote
“Blackstone gating right that's not a long-term solution... gating it's people that sounds bad for the investors obviously but it actually can uh force a stability because there can only be so many withdrawals you can't have a bank run when Valley Bank could not get its deposits uh it probably would still be around if it could”
Created: 8/12/2026, 10:32:00 PM
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