Can anyone clearly break down where this cash is held? I look at their balance sheet and I see no where near that figure in cash.
1) where is it being held
2) is it possible to be redeemed?
3) why aren't they buying up every single biotech company at distressed prices with it?
4) I have never seen them actually deploy it.
Thoughts on BX? All I keep hearing is 'they are the smartest guys in the room'
that comment actually concerns me as an investor.
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