Carlyle Caps Private Credit Redemptions After Investors Seek 16%

A $7 billion private credit fund managed by Carlyle Group Inc. capped redemptions after investors asked to pull 15.7% of the shares in the first quarter.

By Olivia Fishlow, Allison McNeely · Bloomberg Markets

A $7 billion private credit fund managed by Carlyle Group Inc. capped redemptions after investors asked to pull 15.7% of the shares in the first quarter.