Blackrock's Private Credit Fund Gates Investors Again After Redemption Requests Surge
Blackrock's Private Credit Fund Gates Investors Again After Redemption Requests Surge The market may be in full-blown face-ripping bubble mode, and software stocks are now gripped in by a category 5 gamma squeeze hurricane, but not even that is helping the ongoing debacle that is private credit. One week after Cliffwater's Private Credit fund gated investors for a second straight quarter, and days after Blackstone also gated investors in its private credit fund for the first time (...
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