Private credit funds faced a $20 billion redemption rush. Here are 3 charts showing how much investors got.
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- Private credit direct lending redemptions hit a record $19.5 billion in the first quarter.
- But only 53% of the requested cash, or $10.4 billion, was returned to investors.
- These three charts tell the story of the record redemption rush in the first quarter.
Investors asked to take out $19.5 billion from private credit direct lending funds in the first quarter, according to a Business Insider analysis of SEC filings.
However...