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 BDC, the $77 billion Blackstone Private Credit Fund, disclosed Thursday that it would again cap redemptions at 5%, after its investors sought to redeem 10% of…
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
