(April 7): A private credit fund managed by Barings capped withdrawals at 5% of shares after redemption requests surged, the latest in a series of similar moves by asset managers in recent months. Investors in the $4.9 billion Barings Private Credit Corp (BPCC) fund sought to pull 11.3% of shares in the first quarter, according to a filing on Monday. Private credit funds have faced high redemption requests as jittery retail investors bolt for the door amid concerns over transparency, valuations and artificial intelligence-related disruption. Cliffwater's flagship $33 billion private credit fund is one of the biggest stockholders of BPCC. Private credit funds hit by record-breaking redemption requests in Q1
Source: The Edge Markets April 08, 2026 03:22 UTC