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Investment

BlackRock caps outflows on US$27bn private credit fund

BlackRock has capped redemptions on its private credit fund HPS Corporate Lending Fund (HLEND), imposing the 5% limit after investors sought to yank out US$1.2 billion.

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Read more: HLENDBlackRockBlue OwlHPS Corporate Lending FundFinancial StandardHPS Investments PartnersLarry FinkPreqinS&P