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Blackstone limited investor withdrawals from its flagship private credit fund after redemption requests hit 10% of assets in Q2 2026. The fund still holds more than $15 billion in liquidity.
Financial TimesBlackstone capped investor redemptions from its flagship private credit fund at 5% of net asset value in the second quarter of 2026 after buyback requests reached roughly 10% of assets. 5 billion during the period. Blackstone fulfilled only the 5% limit and stated that the fund remains well capitalized with more than $15 billion in available liquidity.
New capital commitments continued to arrive even as redemptions rose. Inflows during the quarter equaled about 2% of the fund's net asset value, Blackstone said. The firm noted that available liquidity remains sufficient to meet operational needs.
Blackstone's move follows similar redemption limits imposed by other private credit managers facing elevated withdrawal activity.
Some ideological spread among the sources; broader cross-spectrum confirmation would strengthen it.
forbes.comClaude Guillemot, 69, died Friday when the Cessna 421 he was piloting crashed near La Baule-Escoublac Airport in western France. A flight instructor on board was also killed.
The Japan TimesChinese customs data show zero shipments of certain tungsten types, dysprosium and terbium to Japan last month. A broader rare-earth category reached its lowest three-month rolling total since 2023.
New York PostA Los Angeles County report estimates the $111 billion Paramount-Warner Bros. Discovery merger could eliminate 2,500 local jobs and 6,000 positions worldwide. The combined company carries an $82 billion debt load and plans $6 billion in savings through consolidation.