# Private credit is one of Wall Street's hottest asset classes.

*business · news · 2026-04-14 · Business Insider*

## Key points

- BlackRock's HPS Corporate Lending Fund limited redemptions to 5% despite 9.3% investor requests.
- Institutional investors now account for 85% of private credit cash, with retail demand only 25%.
- BlackRock plans to launch a Lifepath target-date fund with private assets for 401(k)s this year.
- Loans in private credit are now quoted 25-100 basis points higher than late last year.
- BlackRock sees its Aladdin platform as a key advantage due to lagging risk management in private credit.

**Companies:** BlackRock
**Countries:** United States

[Read the full story on Business Insider](https://www.businessinsider.com/blackrock-sees-opportunity-for-growth-in-private-credit-shakeout-2026-4)

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