BlackRock caps redemptions from $26 billion private credit fund after investor withdrawals spike

BlackRock has restricted investor withdrawals from its $26 billion HPS Corporate Lending Fund (HLEND) after redemption requests surged beyond the usual threshold, underscoring mounting pressure in the $2 trillion global private credit market, Reuters reported.The move came after investors sought to withdraw $1.2 billion in the first quarter, equivalent to roughly 9.3% of the fund’s…

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RERA under fire from SC: Why are RERA annual reports important to protect interests of homebuyers?

Almost ten years after the RERA Act, 2016 attention is increasingly moving from developers to the functioning of the regulator itself. (AI image) The Real Estate Regulatory Authority or RERA is in focus again. Recently, the Supreme Court made blunt observations about the role of RERA and its importance. The apex court remarked that the…

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CDSCO to fast-track drug testing clearances | India News

NEW DELHI: The Central Drugs Standard Control Organisation this week moved to fast-track approvals for new medicines by allowing No-Objection Certificates (NOCs) for laboratory testing to be issued immediately upon receipt of applications — a step aimed at reducing delays in the drug approval process.Under the revised procedure, NOCs for testing new drugs at designated…

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Abu Dhabi Sovereign Wealth Fund Tripled BTC Bet Before Market Drawdown

Al Warda Investments, an investment vehicle overseen by the Abu Dhabi Investment Council (ADIC), more than tripled its holdings of BlackRock’s iShares Bitcoin Trust ETF (IBIT) in the third quarter as bitcoin BTC$91,605.17 headed toward October’s record high. The 230% increase took its investment to just under 8 million shares valued at $517.6 million, the…

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Bitcoin stalls below $83K while altcoins flash bullish rotation: Crypto Markets Today

The crypto market dropped back on Thursday with bitcoin BTC$80,861.14 losing around 0.7% since midnight UTC following Wednesday’s rally to a three-month high of $82,800. Ether lost around 1% during Asia and European hours, now trading at $2,325 having briefly topped $2,420 on Wednesday. The broader market is showing early signs of a bullish reversal…

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