Blackstone's Private Credit Fund Joins Peers In Gating Investors After Surge In Redemptions

Blackstone's Private Credit Fund Joins Peers In Gating Investors After Surge In Redemptions The private credit gates are shutting all over again. After virtually every marquee private credit fund limited withdrawals after being flooded with redemptions requests in Q1, we are seeing more of the same as the second quarter rolls out. And two days after Cliffwater LLC capped redemptions at 5% after investors requested 17% to be returned, a jump from the 14.0% in Q1 (which was also gat...