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Blackstone stands firm with cap on private credit outflows
2 outlets - including Bloomberg and Ft - are covering this story. Bloomberg's Olivia Fishlow joins Michael McKee on "Bloomberg Real Yield." Cliffwater’s flagship private credit fund again capped redemptions at 5% in the third quarter, after investors sought to pull about 16% of shares. The biggest such BD…
Covered by 2 outlets
All coverage · 2 articles
Bloomberg Markets
·Sep 3, 19:00 UTC
Cliffwater, Blackstone Private Credit Funds Cap Redemptions
Bloomberg's Olivia Fishlow joins Michael McKee on "Bloomberg Real Yield." Cliffwater’s flagship private credit fund again capped redemptions at 5% in the third quarter, after investors sought to pull about 16% of shares. The biggest such BD…
Financial Times - Companies
·Sep 3, 13:47 UTC
Blackstone stands firm with cap on private credit outflows
Flagship $43bn fund said it was hit with notices from investors to pull 10% of the vehicle’s value in the third quarter