[Blackstone's Flagship Private Credit Fund Restricts Investor Redemptions for the First Time, Joins the Ranks of Limited Funds] Odaily Planet Daily News – Blackstone Group (BX.N)'s flagship private credit fund has, for the first time, imposed restrictions on redemption requests after investors sought to redeem 10% of their shares, becoming the latest fund to tighten redemption limits amid a wave of continued investor withdrawals. According to documents submitted on Thursday, the $79 billion Blackstone Private Credit Fund has informed shareholders that it will only fulfill redemption requests for 5% of shares. In the previous quarter, the fund allowed investors to redeem a record 7.9% of shares, aided by executives using their own funds to assist with financing. Apollo Global Management Co-President Jim Zelter stated that following prior redemption restrictions, investors are intensifying efforts to withdraw funds, which could lead to more "volatility" in the non-traded BDC (Business Development Company) sector. (Jin10)