BlackRock Fund Limits Withdrawals As Redemptions Rattle Private Credit - News Summed Up

BlackRock Fund Limits Withdrawals As Redemptions Rattle Private Credit


LOADING ERROR LOADINGNEW YORK, March 6 (Reuters) - BlackRock said on Friday it has limited withdrawals from a flagship debt fund after a surge in redemption requests, as investor worries mount around the $2 trillion private credit industry. AdvertisementSentiment has soured around private credit in recent months, and retail investors are increasingly asking for their money back from funds like BlackRock’s $26 billion HPS Corporate Lending Fund (HLEND), which were designed to be open to wealthy individuals. “It should serve as a warning sign for the industry and the rulemakers about the downside of illiquid funds for retail investors,” said Greggory Warren, senior stock analyst at Morningstar. Blackstone President Jon Gray said last week that institutional investors were continuing to allocate to private credit. Subscriptions to the fund were $840 million in the first quarter, lower than the $1.2 billion that investors originally sought to withdraw.


Source: Huffington Post March 07, 2026 09:24 UTC



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