黑石旗舰私募信贷基金首次限制投资者赎回,加入设限基金行列
Odaily Odaily Odaily Odaily reports that Blackstone Group (BX.N)'s flagship private credit fund has, for the first time, imposed restrictions on redemption requests after investors sought to redeem 10% of their shares. This makes it the latest fund to tighten redemption caps amid a sustained wave of investor withdrawals. According to a filing on Thursday, the $79 billion Blackstone private credit fund has informed shareholders that it will only fulfill redemption requests for 5% of shares.
In the previous quarter, the fund allowed investors to redeem a record 7.9% of shares after executives used their own funds to assist with financing. Apollo Global Management Co-President Jim Zelter stated that investors are increasing their efforts to withdraw funds following previous redemption restrictions, potentially leading to more "turbulence" in the non-traded BDC (Business Development Company) sector. (Jin Shi)
