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Blackstone and Cliffwater Cap Private Credit Fund Redemptions at 5%
Finance · Investment Managers · yonhap_finance · 2026-09-03
Major private credit funds managed by Blackstone and Cliffwater have restricted quarterly redemptions to 5% amid rising liquidity pressures in the sector.
What Happened
Redemption Caps: Blackstone's BCRED and Cliffwater's CCLFX have both limited quarterly redemptions to 5% of assets following a surge in investor withdrawal requests. This move underscores the ongoing liquidity constraints currently affecting the broader private credit market.