Blackstone is restricting withdrawals from its flagship Blackstone Private Credit (BCRED) fund following a spike in investor redemption requests.The asset management giant capped investor withdrawals from the $79 billion non-traded business development company at 5% of shares, after redemption requests hit 10%, or about $4.5 billion, during the second quarter.Shares in Blackstone were up 1.6% in premarket trade Thursday.This is breaking news. Please refresh for updates.

Major asset managers gate $4.6 billion in private credit redemptions as investor withdrawals surge, exposing liquidity risks in the booming direct-lending

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

US asset managers including Blue Owl, Apollo, and Blackstone fell as private credit fund redemption requests climbed to 17% in Q2, up from 14% in Q1.

Blackstone is restricting withdrawals from its flagship Blackstone Private Credit (BCRED) fund following a spike in investor redemption requests.The asset management giant capped…

Investors sought to pull 10% of shares in the second quarter, double the fund's standard 5% repurchase limit

Blackstone ha restringido los retiradas de su fondo insignia de cr�dito privado por primera vez, despu�s de que las solicitudes de reembolso se dispararan a 4.500 millones de...

Blackstone has thrown in the towel and is gating redemptions from its flagship private credit fund for the first time after investors sought to pull 10% of the shares.

El bloqueo llega un día después de que la gestora de capital riesgo suiza Partners Group tomara medidas similares

El bloqueo llega un día después de que la gestora de capital riesgo suiza Partners Group tomara medidas similares

El mayor grupo de inversión privada del mundo ha recurrido a este mecanismo siguiendo los pasos de firmas como Apollo, Ares Management, KKR o BlackRock lo que hace temer al sector…

Blackstone Investors Ask to Pull $4.4 Billion From Private-Credit Fund

Blackstone Investors Ask to Pull $4.4 Billion From Private-Credit Fund

5% limit set as investors seek to cash in 10% of BCRED shares in Q2

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

El fondo establece un limite en los desembolsos del 5% a raíz del incremento de solicitudes del último trimestre, que habría alcanzado el 10% de sus activos....

The attempts to cash out indicate wealthy individuals are continuing a recent retreat after many years of piling into private credit funds.

Blackstone Investors Ask to Pull $4.4 Billion From Private-Credit Fund

Investors having been putting money into private credit since the 2008 financial crisis. With time, the problems with those investments are starting to show.

Shares of banks and other financial institutions rallied, registering their biggest gain in a year as traders rotated into lagging sectors. The gains came despite an about-face…

<p>Blackstone ha limitato per la prima volta i rimborsi del suo principale fondo di credito privato dopo che gli investitori hanno richiesto di ritirare circa il 10% del capitale.…