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Carlyle private credit fund hit with redemption surge amid sector-wide exodus

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Carlyle’s CG-Q flagship private-credit interval fund has been hit by a wave of redemptions, according to a shareholder letter, signaling an ongoing investor exodus. Withdrawals are driven by fears of a looming downturn in the private-credit sector, creating liquidity and performance pressure on the fund and indicating elevated sector stress.

Analysis

Carlyle’s CG-Q flagship private-credit interval fund has been hit by a wave of redemptions, according to a shareholder letter, signaling an ongoing investor exodus. Withdrawals are driven by fears of a looming downturn in the private-credit sector, creating liquidity and performance pressure on the fund and indicating elevated sector stress.

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