Blackstone Limits Withdrawals Amid Mounting Private Asset Fears

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The attempts to cash out indicate wealthy individuals are continuing a recent retreat after many years of piling into private credit funds. NEW YORK, June 4 (Reuters) - Blackstone has capped withdrawals at its flagship private credit fund as redemption requests rose in the second quarter, the world’s largest alternative asset manager said on Thursday, following many peers. Investors sought to pull out 10% of shares in the second quarter, compared with 7.9% in the previous quarter, from the $79

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