Blackstone is reportedly considering abandoning its $3 billion debt financing plan.

On August 13, it was reported that Blackstone Group is considering abandoning a $3 billion debt financing plan that was originally intended to help the company return some funds to investors. Blackstone has been planning a so-called fund collateralized debt obligation for a private equity secondary market fund it established several months ago, which has approximately 700 underlying investments. Blackstone has struggled to find buyers for the equity tranche of this transaction, which is typically the riskiest part of such deals. It is said that Blackstone executives are still weighing various options, and the company may decide to move forward with this CFO transaction or seek other ways to return funds to existing investors.