Wealthy investors attempted to withdraw more than $20bn from private credit funds in the first quarter of 2026, highlighting growing pressures on an asset class that has become a major source of capital for leveraged buyouts and PE-backed companies, according to a report by the Financial Times.
The redemption requests, which affected large managers including Apollo Global Management, Ares Management, Blackstone, Blue Owl and KKR, totalled $20.8bn. Funds collectively managing approximately $300bn...
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