Blackstone Faces Record Redemption Requests from Credit Fund

Blackstone is experiencing an unprecedented level of redemption requests from its flagship private credit fund, with investors seeking to withdraw 7.9% of shares. Bloomberg posted on X, highlighting that this figure surpasses the usual 5% limit set for quarterly withdrawals. The surge in redemption requests reflects growing investor interest in accessing their capital amid changing market conditions. Blackstone's response to this situation will be closely monitored by industry analysts and investors alike.