Cliffwater Private Credit Fund Caps Withdrawals at 5% After Receiving ~17% of Redemption Requests in Q2

Cliffwater Investors Rush For The Exit As Redemption Requests Surge To 17% - JPMorgan Chase (NYSE:JPM)

Cliffwater's pricate credit fund capped redemptions at 5% in Q2 after investors sought to redeem approximately 17% of the fund's shares.

Cliffwater Private Credit Fund Gates Investors For Second Straight Quarter After Redemption Requests Soar To 17%

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Cliffwater private credit fund caps withdrawals at 5% after receiving ~17% of redemption requests in Q2

Cliffwater Corporate Lending Fund (CCLFX) received redemption requests totaling about 17% of shares during the second quarter, and subsequently capped withdrawals at 5%, Bloomberg News reported, citing a letter it saw.

US asset managers decline as investors await private credit fund updates

Investor anxiety over private credit fund liquidity could tighten broader financial conditions, impacting both traditional and crypto markets. The post US asset managers decline as investors await private credit fund updates appeared first on Crypto Briefing.

Cliffwater caps withdrawals at $31bn private credit fund

Cliffwater has restricted investor withdrawals from its flagship $31bn private credit fund after redemption requests climbed to 17% in the second quarter, highlighting intensifying pressure across the private credit industry, according to a report by the Financial Times. The firm limited redemptions to 5% of outstanding shares – equivalent to roughly $1.6bn – after investors sought to pull more than $5bn from the vehicle. The latest figures mark…

Private Credit Redemption Pressure Intensifies:

HedgeCo.Net — Cliffwater’s flagship private-credit fund has become the latest flashpoint in the growing liquidity debate surrounding semi-liquid private markets. Investors in the firm’s large corporate lending vehicle reportedly requested redemptions totaling roughly 17% of the fund’s shares in the second quarter, forcing the fund to cap redemptions at 5%. The development is significant not only because of Cliffwater’s scale, but because it crys…