Blackstone and Cliffwater limit private credit redemptions to 5%
Reports on September-quarter redemption requests at non-trading credit funds say Blackstone and Cliffwater will limit redemptions to 5% of overall shares in their large funds.
By Bill AlpertSentiment remains sour on private credit.That's apparent from the first reports on redemption requests at non-trading credit funds this September quarter.
Blackstone and Cliffwater said that they will be limiting redemptions to 5% of overall shares in the large funds they run after re…