BlackRock Stock Drops 7% After $26 Billion Private Credit Fund Limits Investor Withdrawals. Here’s Why
Last Updated:March 06, 2026, 11:35 PM IST BlackRock defended the move as consistent with how it has long managed liquidity in the flagship direct lending product, known as HLEND. BlackRock shares fell more than 7% in New York trading, mirroring steep declines at rival alternative asset managers. BlackRock Inc. moved to restrict withdrawals from one…