Blackstone Restricts Withdrawals From $79B Private Credit Fund as Redemption Requests Surge

Blackstone has capped withdrawals from its flagship private credit fund after investor redemption requests surged in the second quarter. The move highlights liquidity concerns across the private asset industry. The asset management giant limited repurchases from its $79 billion Blackstone Private Credit Fund (BCRED) to 5% of shares. Investors had sought to redeem about 10% […] Read The Full Article Blackstone Restricts Withdrawals From $79B Private Credit Fund as Redemption Requests Surge On Coin Edition.