U.S. private markets firms fell in premarket trading, as concerns over redemption pressure returned to the spotlight.

U.S. private markets firms fell in premarket trading, as concerns over redemption pressure returned to the spotlight.

Partners Group capped redemptions on its $8.6 billion evergreen fund after requests hit nearly 10% of NAV, triggering a 17% stock plunge and 30% YTD

Shares of Apollo, Blackstone, KKR, and peers fell over 5% as private credit fund redemptions hit record levels, raising crypto market spillover concerns.

Partners Group capped redemptions from its $8.6B evergreen fund after requests hit 9.8% of NAV, sending shares down 17% and rattling private markets.

Shares of banks and other financial institutions fell as private-credit fears resurfaced.

Partners Group said it could cap capital withdrawals from more of its funds after a European gating sparked a private equity stock sell-off on Wednesday.

Blackstone caps withdrawals at flagship fund; Partners cap expected on second pool