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. ...

Trez Capital suspended redemptions across five funds as it works through “elevated” withdrawal requests from investors, ongoing loan funding needs and debt workouts https://t.co/xZk719JW5D ...