BlackRock's HPS Corporate Lending Fund Caps Withdrawals Amid Investor Concerns
BlackRock, one of the world’s largest asset managers with $13.9 trillion in assets under management, has capped withdrawals at 5% for its private credit fund, HPS Corporate Lending Fund. The move comes as investors pull money out amid rising concerns about risks in private credit and potential liquidity issues.
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Topics: BDCs BlackRock investor_behavior private_credit