Blackstone Holds Withdrawal Cap At 5% As Exit Requests For Its Private Credit Fund Hit $4.3 Billion
Blackstone kept its flagship private credit vehicle’s quarterly withdrawal limit unchanged at 5% after investors asked to redeem more.
Blackstone's private credit fund got so many exit requests ($4.3 billion) that it had to keep a limit on how much money people could pull out each quarter (5%). This shows investors worry about getting their money back and hints the fund might have trouble if too many people leave at once.
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