Blackstone Investors Ask to Pull $4.4 Billion From Private-Credit Fund Fund caps client redemptions at 5%, an about-face from firm’s decision to pay out all requests earlier this year Updated June 4, 2026 at 2:58 PM ET Blackstone’s withdrawals are being watched as a gauge of whether investors continue to race for the exits. Investors are trying to pull more money from the biggest private-credit fund in the world.