Cliffwater caps payouts at credit fund as redemption requests surge
Withdrawal requests hit 14% in the first quarter as investors grow skittish on private capital exposure
Withdrawal requests hit 14% in the first quarter as investors grow skittish on private capital exposure

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

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

Investor uncertainty intensifies as AI impacts on the enterprise software industry emerge

Publicly traded vehicles are trading at steep discounts in gloomy sign for broader industry

Decision taken after withdrawal requests at flagship HPS Corporate Lending Fund surged to 9.3% of net asset value

Redemption requests across industry surge as exodus of wealthy individuals accelerates