Private-Credit Investors Are Cashing Out in Droves

For the first time since the start of the private-credit boom, large numbers of individual investors are trying to get their money out.

Several of the biggest funds eligible to wealthy individuals received requests from about 5% of shareholders to cash out at the end of last year, well above the normal volume, according to Securities and Exchange Commission filings. One, managed by Blue Owl , got redemptions for about 15% of its shares, primarily from Asian clients, a person familiar with the matter said.

[https://www.wsj.com/finance/investing/private-credit-investors-are-cashing-out-in-droves-bc1e8cbc](https://www.wsj.com/finance/investing/private-credit-investors-are-cashing-out-in-droves-bc1e8cbc)