Blackstone restricts flagship fund withdrawals as private asset fears reemerge

Source: CNBC

“Blackstone is restricting withdrawals from its flagship Blackstone Private Credit (BCRED) fund following a spike in investor redemption requests. The asset management giant capped investor withdrawals from the $79 billion non-traded business development company at 5% of shares, after redemption requests hit 10%, or about $4.5 billion, during the second quarter.” (06/04/26)

https://www.cnbc.com/2026/06/04/blackstone-caps-withdrawals-private-credit.html