Your email has been successfully added to our mailing list.

×
-0.000109385254867544 -0.000437541019470488 -0.00153139356814702 -0.00196893458761751 -0.00169547145044849 -0.000984467293808832 -0.000984467293808832 -0.000984467293808832
Stock impact report

BlackRock $26 Billion Private Credit Fund Limits Withdrawals [Yahoo! Finance Canada]

KKR & Co. Inc. (KKR) 
Last kkr & co. inc. earnings: 1/31 06:50 am Check Earnings Report
US:NYSE Investor Relations: ir.kkr.com
Most Read from Bloomberg It's the clearest instance of gating withdrawals among major private credit funds since late last year, when investors grew increasingly skittish about the asset class after high-profile collapses raised concerns about lending standards. Many firms had thus far opted to meet the higher redemption requests or looked to repay investors by other means. BlackRock said the step is in line with its existing management of liquidity for the flagship direct lending retail product, known as HLEND, and a “foundational” feature of the investment. “Without it, there would be a structural mismatch between investor capital and the expected duration of the private credit loans in which HLEND invests,” the firm said. Last month, the non-traded BDC offered to tender as much as 5% of its shares, as is typical for such entities. It faced withdrawals of about 4.1% in the prior period. BlackRock shares fell as much as 8.3% on Friday, while the stocks of alternative asset Show less Read more
Impact Snapshot
Event Time:
KKR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for KKR alerts
Opt-in for
KKR alerts

from News Quantified
Opt-in for
KKR alerts

from News Quantified