Blackstone Private Credit Fund Caps Withdrawals in Fresh Test for Strained Market

Blackstone Private Credit Fund Caps Withdrawals in Fresh Test for Strained Market

Blackstone said it would limit withdrawals to 5% of the fund’s shares, which is typical for these types of semi-liquid funds.

Blackstone Private Credit Fund Capped Q3 Repurchases at 5% After About 10% Requests:

HedgeCo.Net — Blackstone Private Credit Fund (BCRED) said Thursday it will again fulfill third-quarter share repurchase requests only up to 5% of shares outstanding after investors sought roughly 10% of the vehicle, or an estimated $4.3 billion. Reuters printed the 10% request level, the 5% repurchase cap, and the $77.2 billion fund size. AltsWire independently carried the same September 3 shareholder-letter figures, the same $4.3 billion reques…

Blackstone’s $77bn private credit fund keeps 5% redemption limit

TOP STORY: Blackstone’s flagship private credit vehicle is maintaining its 5% quarterly redemption limit after investors sought to withdraw around 10% of the fund during Q3, highlighting continued liquidity pressure across the non-traded private credit market, according to a report

Blackstone caps BCRED redemptions after investors try to pull 10% of shares

The redemption cap highlights liquidity challenges in private credit funds, potentially impacting investor confidence and market stability. The post Blackstone caps BCRED redemptions after investors try to pull 10% of shares appeared first on Crypto Briefing .