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The US private credit crisis spreads! The "world's largest asset manager" is also forced to "limit redemptions" on its private credit funds.

The US private credit crisis spreads! The "world's largest asset manager" is also forced to "limit redemptions" on its private credit funds.

``` BlackRock’s flagship private credit fund, which manages $26 billion, has announced restrictions on redemptions, capping investor withdrawals at 5%, causing the company’s stock to drop and leading financial stocks lower. According to a statement released by BlackRock on Friday, shareholders in its HPS Corporate Lending Fund (HLEND) requested
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