A private credit fund under Baring has imposed restrictions on redemptions.

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**Opinion Network News: ** On April 6, asset management company Baillie Gifford stated in a regulatory filing that because investors applied for redemptions of 11.3% of the fund’s units in the first quarter, it has imposed redemption limits on one of its private credit funds, and will accept share repurchase applications for 5% of the units.

In a letter to shareholders, the fund said: “We aim to strike a balance between meeting short-term liquidity needs and prudently managing capital between investors seeking an exit and those continuing to hold their investments.”

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(Editor: Dong Pingping )

     【Disclaimer】This article only represents the author’s personal views and is not related to Hexun. Hexun’s website maintains a neutral position regarding the statements and judgments of opinions made in the text, and does not provide any express or implied guarantee regarding the accuracy, reliability, or completeness of the included content. Readers are requested to use it for reference only and bear all responsibility themselves. Email: news_center@staff.hexun.com

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