BlackRock limits redemptions at private credit fund as outflows swell
Decision taken after withdrawal requests at flagship HPS Corporate Lending Fund surged to 9.3% of net asset value
Decision taken after withdrawal requests at flagship HPS Corporate Lending Fund surged to 9.3% of net asset value

Investors pull net $1.7bn out of vehicle over first quarter as industry strains intensify

Asset manager is revamping flagship quant hedge fund to add stockpicking

Asset manager’s move to close Impact Opportunities strategy comes amid broader pullback from ESG

Earnings for first quarter underline asset manager’s push into investment products that generate higher fees

Big groups including Apollo, Ares and Blackstone were hit with redemption requests at start of 2026

Move is biggest allocation increase to sector ever recommended by asset manager’s institute