Cliffwater Caps Withdrawals Again as Investors Seek to Pull 16%
The flagship private credit fund of Cliffwater LLC capped redemptions at 5% in Q3 after investors asked to redeem approximately 16% of shares.
A big investment fund said investors can only take out 5% of their money right now, even though 16% of owners want to leave. This shows some people are worried about the fund and want their cash back, which you can watch as a sign of whether investors trust it.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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