Brad Marshall, Blackstone’s global head of private credit strategies, was in Toronto Wednesday for the opening. He said the firm now has 10 people working in the Toronto office, a permanent space it moved into during the summer. “It’s a really important market for us, not just to raise capital from product … but also to invest in companies,” Marshall said. Canada is Blackstone’s third-largest market for deployment of capital, after the U.S. and the U.K. The Toronto office comes as more firms are offering private market products to retail investors. Research from the Alternative Investment Management Association released this week said demand for liquidit
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