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Blackstone Caps Withdrawals at Private Credit Fund as Requests Stay Elevated

Blackstone Group logoBlackstone Group
Sig2.78Sen-1.92Env0.00Soc-0.63Gov+0.93

Blackstone is continuing to cap withdrawals at its flagship private credit fund as redemption requests stayed elevated in the third quarter. Investors sought to withdraw about 10% of the Blackstone Private Credit Fund, and the vehicle will repurchase 5% of shares, while loan repayments and inflows outpaced repurchases.

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