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	<title>BCRED &#8211; 投黑马</title>
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		<title>私募信贷神话碎裂：黑石38亿赎回危机深度解读【融资观察 第005期】</title>
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					<description><![CDATA[<p>私募信贷行业迎来三年来最严峻压力测试——黑石BCRED遭遇38亿美元赎回冲击，25位高管自掏1.5亿「自救」。这不只是黑石一家的危机，而是整个行业流动性错配逻辑的第一次公开检验。</p>
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