Barings has become the latest firm to limit withdrawals from a private credit fund, capping shareholder redemptions from the $4.9bn Barings Private Credit Corp (BPCC) at 5% after first-quarter requests surged to 11.3%, according to a report by Reuters.
The fund will fulfil roughly 44% of requested withdrawals, following a broader trend among asset managers facing heightened demand for liquidity.
Retail investors have increasingly exited private credit funds over concerns about transparency, valu...
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