Carlyle has imposed limits on investor withdrawals from its Tactical Private Credit Fund after redemption requests surged in the first quarter with the $7bn vehicle receiving requests to redeem roughly 15.7% of its shares, according to a report by Bloomberg.
With requests significantly exceeding its quarterly liquidity threshold, the firm capped withdrawals at 5%, fulfilling less than one-third of the total requested amount. Based on the fund’s most recent net asset value, this equates to approx...
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