Blackstone Caps Withdrawals on $45 Billion Private Credit Fund

In a high-rate regime where traditional fixed income yields approach 7%, private credit funds like this are becoming institutional safe havens, accelerating the structural shift away from speculative assets. This reflects a growing institutional preference for opaque, less-regulated markets like India's private credit space over transparent crypto markets, further marginalizing crypto's role in diversified portfolios.

360 ONE Asset Management is seeking to raise up to $500 million for its sixth private credit fund.