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ACT acquisition + -33% YTD oversold signal → BX private credit outflows $3.7B

Blackstone completed the acquisition of ACT, a European alternative credit platform with €8 billion in AUM, as the firm continues diversifying its credit capabilities despite broader headwinds. The stock is down 33% year-to-date, with private credit product withdrawals reaching $3.7 billion in the latest quarter as retail investors respond to interest rate uncertainty and liquidity concerns. Technical analysts have flagged BX as oversold with a relative strength index below 30, though fundamental concerns about fee-earning AUM growth persist.

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