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BottomBounce

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BottomBounce

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Re: None

Friday, 03/06/2026 5:01:47 PM

Friday, March 06, 2026 5:01:47 PM

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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 exits

Two of the biggest funds on the planet are limiting how much you can take out. $XLF

Nothing I post is financial advice. I may hold long, short, or no positions in mentioned securities. I’ve never been paid to post. All content is for entertainment purposes only.

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