Blackstone also imposes "redemption limits"! Redemption requests for its flagship private credit fund surge to 10%, raising market liquidity concerns again.
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Blackstone Group's flagship private credit fund, with $79 billion in assets, has triggered its redemption cap for the first time, reflecting growing liquidity pressure in the private credit market.
According to reports, Blackstone Private Credit Fund (BCRED) received redemption requests amounting to 10% of the fund's