finance.yahoo.com

KKR Private Credit Fund Eases Redemptions as Rivals Cap Withdrawals

KKR & Co. logoKKR & Co.
Sig1.95Sen-1.25Env0.00Soc-1.30Gov+0.20

In Q2, KKR’s private credit fund capped redemptions at 5% after $10.5 million in outstanding withdrawal requests. While investors sought to pull more than $14.5 billion from multiple private credit funds, only $8.6 billion was returned, leaving billions locked up. Rivals also limited withdrawals, including at 5% for Cliffwater and Blackstone funds.

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