Blackstone says withdrawal pace slowing at flagship private credit fund
Investor concern over potential losses had led to a surge in redemption requests earlier this year.
Sergei Starostin
Blackstone's flagship private credit fund is seeing a slowdown in the pace of withdrawals, according to the company's president. The development comes after a period of elevated redemption requests.
Earlier this year, investor concern over potential losses reportedly triggered a surge in customers seeking to pull out money from the fund (claim:2).
The fund, which invests in private credit markets, had faced heightened redemption requests as investors reassessed risk amid market volatility.
Economics Correspondent · Talivio News
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