A $7 billion private credit fund managed by Carlyle Group Inc. capped redemptions after investors asked to pull 15.7% of the shares in the first quarter. https://t.co/IJvabM8zbB ...

S&P Global Ratings lowered its outlook on Cliffwater’s flagship private credit fund to negative from stable, citing elevated redemption requests that risk putting pressure on its liquidity. https://t.co/JyLb6Xe5gj ...

Cliffwater will likely face redemption requests in excess of 7% from its flagship private credit fund, according to people familiar with the matter. https://t.co/m6RiFETcvH ...

RT Michael Burry Stock Tracker ♟ (@burrytracker)Breaking: BlackRock just froze $1.2 billion in withdrawal requests at its private credit fund.Here's what happened:• Investors in BlackRock's $26B fund asked to pull out 9.3% of their money• BlackRock said no — capped withdrawals at 5%• Blackstone's $82B fund saw record withdrawal requests the same week• Blackstone had to put in $400M of its own cash to cover the exitsTwo of the biggest funds on the planet are limiting how much you can take out. ...

🚨💹 ICYMI: ~4.9k USDS holders have opted into earning the @SkyEcosystem Savings Rate (by converting their USDS to sUSDS).The number of sUSDS holders is up ~400% year to date.Sky's core products:1) USDS, stablecoin2) sUSDS, savings account3) stUSDS, private credit fund https://t.co/NS8mcjmvwk ...