Tag Archives: redemptions
Private Credit Facing First Major “Proration” Crisis:
Redemption Limits Expose Structural Tensions in the Semiliquid Fund Boom (HedgeCo.Net) The private credit industry is facing its most significant liquidity test to date, as several large NAV-based Business Development Companies (BDCs) have reached their redemption limits for the first […]
Blackstone BCRED Meets Surge in Redemptions: A Defining Moment for Private Credit’s Expansion:
(HedgeCo.Net) Blackstone’s BCRED—one of the flagship vehicles in the rapidly expanding private credit ecosystem—has once again captured market attention after facing a surge in redemption requests. The firm’s decision to inject $400 million of its own capital into the fund […]
Private Credit Liquidity Tests: Blue Owl Faces Redemptions:
(HedgeCo.Net) The private credit industry—one of the fastest-growing sectors in global finance—is entering a moment of heightened scrutiny. What was once viewed as a resilient and stable alternative to traditional bank lending is now facing a critical test of liquidity […]
Private Credit Hits a New Phase: Redemptions, “Shadow Defaults,” and the End of Easy Fundraising:
(HedgeCo.Net) After years of uninterrupted growth, U.S. private credit is confronting a defining test: investor liquidity demands colliding with loan workouts, extensions, and rising stress in the middle market. The private credit machine was built on a powerful promise: floating-rate […]
Man Group Assets On The Mend After 15-Mo Decline
Wall Street Journal – Man Group PLC said its assets are growing again after a 15-month decline that saw the funds it manages nearly halve, as redemptions from institutional clients markedly slowed in its fiscal second quarter. Funds under management […]
Vicis Capital Suspends Redemptions After Hedge Fund Loses 12%
Bloomberg – Vicis Capital LLC, the $2.9 billion hedge fund started by former Lehman Brothers Holdings Inc. trader John Succo in 2004, barred clients from withdrawing money from its main fund after losses this year. The firm received “higher-than-anticipated” requests […]
Hedge funds regain confidence, start hiring again
Hedge funds and bank trading desks are hiring again and have already snapped up some of the most talented managers who were dislodged while firms struggled in the credit crisis, industry insiders said. Hedge funds endured a tough 2008 in […]
Hedge funds in 2009 recovery
Cayman Compass – The average hedge fund recorded gains of 2.42 per cent in July data released by hedge fund data provider Hedge Fund Research shows. Hedge fund assets have increased on average by more than 12 per cent in […]
Hedge funds in 2009 recovery
Cayman Compass – The average hedge fund recorded gains of 2.42 per cent in July data released by hedge fund data provider Hedge Fund Research shows. Hedge fund assets have increased on average by more than 12 per cent in […]
Investors Begin Opening Their Wallets to Hedge Funds Again
Wall Street Journal Blogs – Are hedge-fund managers making a comeback with investors? The great recession hammered the hedge-fund industry in 2008. Returns tumbled, redemptions soared and investors began questioning the very underpinnings of the industry. Active managers promise to […]
Long-only leads hedge fund returns in July
Forbes – Long-only hedge fund strategies posted the best returns of the asset class in July as global stock markets continued their upward trend, according to data in a report published by Lipper Global on Tuesday. As the industry looks […]
Hedge funds making a comeback
Stuff – Hedge funds posted more gains last month, providing fresh evidence that the US$1.4 trillion industry is recovering after last year’s heavy losses and record redemptions. The average hedge fund gained 2.42 percent in July after having inched up […]