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Ares Private Credit Fund Caps Redemptions After 14% Seek to Exit
Bloomberg's Nabila Ahmed and James Crombie joins Katie Greifeld on "Bloomberg Real Yield." Ares Management curbed withdrawals from one of its private credit funds for the second consecutive quarter after redemption requests rose to 14.4%, the latest sign that the $1.8 trillion industry remains under pressure. (Source: Bloomberg)
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