Blackstone Private Credit Fund saw nearly 10% of shares requested for buyback in Q2, totaling $4.4 billion, but capped redemptions at the standard 5% limit.

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