Goldman’s fund had fewer withdrawal requests and brought in about $400 million in subscriptions. Rival funds faced heavier withdrawals, and Goldman gave no reason for the change, but its figures point to stronger demand.
This points to steadier demand for Goldman’s private-credit business. Withdrawal requests fell from 3.2% to 2% of shares, and the fund brought in about $400 million in subscriptions. Rival funds faced heavier withdrawals, and Goldman did not explain what drove the improvement, but its own figures point to stronger demand.
Apollo’s fund faced requests to withdraw 14.7% of shares, far above its 5% limit, despite a drop from the prior quarter. The continued gap points to strain on demand for Apollo’s private-credit fund.
Morgan Stanley’s fund faced requests to withdraw 11.4% of shares, more than twice the 5% it plans to buy back. That points to continued strain on demand for the fund.
Blackstone’s fund faced requests to withdraw roughly 10% of shares, above its 5% limit. Its president expects confidence and inflows to return, but current withdrawal requests point to strain on demand.
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