Key facts
- Withdrawal requests at BlackRock's HPS Corporate Lending Fund slowed in the third quarter.
- Investors sought to pull roughly 11.5% of shares from the fund.
- This compares to 13.3% of shares sought for redemption in the prior quarter.
Withdrawal requests at BlackRock's flagship private credit fund slowed in the third quarter, according to a regulatory filing. Investors in the HPS Corporate Lending Fund sought to redeem approximately 11.5% of shares, a decrease from the 13.3% redemption rate observed in the prior quarter. The filing was made on Friday.