Thesis Times

Alternative Assets·Jun 3

Cliffwater Redemption Surge Drags Private Credit Stocks Down 4%-Plus

Blackstone, KKR, Blue Owl, Apollo, and Ares all fell sharply after Cliffwater's flagship fund reported bigger-than-expected investor exits - reigniting liquidity concerns across the $1.8 trillion private credit market.

APO · ARES · BX · KKR · OWL