Dossier
capping mechanism
Coverage of capping mechanism in the Nexus archive.
- Blackstone says withdrawal limits are a ‘feature and not a flaw’ designed to ‘protect investors from themselves’
Blackstone states that withdrawal limits are a 'feature and not a flaw' of their structure. Dan Oneglia, a liquid-credit strategist, described the capping mechanism as designed to 'protect investors from themselves.'