Private-Credit Redemption Forcing Property Sales
"BlackRock's private credit business is seeing net inflows (roughly $3B net in), indicating that private credit reallocations are a buying opportunity rather than a systemic red‑flag right now."
"BlackRock’s exposure to private credit through its large funds is bearish into a software-driven credit stress cycle, especially as investors seek redemptions that can’t be met cleanly due to illiquidity."