Ares Private Credit Fund Caps Redemptions After 14% Seek to Exit (opens original article in a new tab)

Ares Private Credit Fund restricted withdrawals for the second quarter as 14.4% of investors sought to exit, highlighting challenges in the $1.8 trillion private credit industry.

• Ares Private Credit Fund limited redemptions for the second quarter
• 14.4% of investors requested to exit the fund
• The fund is part of a $1.8 trillion industry