March 4, 2026

Blackstone flagship private credit fund hit with $1.7B in redemptions

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Blackstone’s flagship private credit fund has experienced significant strain, facing $1.7 billion in net outflows over the past month as a wave of redemptions swept through the asset class. This reflects a broader trend where both retail and institutional investors are pivoting towards more liquid alternatives, contributing to a growing exodus from private credit vehicles. The recent intensified outflows signal a market caution regarding illiquid credit strategies amid shifting economic conditions.

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