(HedgeCo.Net) The private credit boom—one of the defining investment trends of the past decade—is entering a critical stress phase as redemption pressures begin to test the limits of its liquidity structure. In a development that is reverberating across institutional portfolios, BlackRock’s $26 billion HPS Corporate Lending Fund has activated its redemption gate after investor withdrawal requests surged to $1.2 billion. At the same time, Blue Owl Capital has taken the more drastic step of suspen...
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