redemptionrequests News & Analysis

Blackstone (BX) Restricts BCRED Withdrawals to 5% After 10% Requests

Blackstone (BX) has capped investor withdrawals from its $79 billion BCRED fund at 5% following a spike in redemption requests that reached 10% during Q2. This move comes amid growing concerns over liquidity pressures in private markets. Previously, BCRED experienced redemption requests of 7.9% or approximately $3.8 billion in Q1, which Blackstone managed by fulfilling 100% of requests. The company reported inflows of about $1 billion in Q1, but net capital outflow was recorded after covering withdrawals, highlighting ongoing volatility in private credit investments.