Blackstone keeps 5% withdrawal cap on flagship private credit fund
Blackstone said in a regulatory filing it is continuing to cap withdrawals at its flagship private credit fund in the third quarter as redemption requests remain elevated.
Blackstone NYSE:BX is continuing to cap withdrawals at its flagship private credit fund in the third quarter as requests to pull money remain elevated, according to a regulatory filing on Thursday.Investors sought to pull 10% of shares in the third quarter from Blackstone Private Credit Fund.
The f…