Market watchers and policymakers wonder if trouble is brewing in the $2 trillion private credit market.
A man walks into the BlackRock offices in New York City on Jan. 16, 2014. Andrew Burton/Getty Images
BlackRock, the world’s largest asset manager, said on March 6 that it has restricted withdrawals from a major debt fund amid a wave of client redemption requests.
Investors have been seeking to recover their funds from BlackRock’s $26 billion Corporate Lending Fund.
