Key facts
- Blackstone Private Credit Fund limited investor withdrawals to 5%.
- The 5% limit is the customary limit for such vehicles.
- Investors sought to withdraw 10% of shares in the second quarter.
- This is an increase from 7.9% in the first quarter.
The $79 billion Blackstone Private Credit Fund has implemented a withdrawal cap of 5%, which is the standard limit for such investment vehicles. This decision comes after a significant increase in redemption requests from investors. In the second quarter, investors sought to withdraw 10% of their shares, a notable rise from the 7.9% requested in the previous quarter. This move indicates potential liquidity pressures within the fund.