KKR caps redemptions at private credit fund

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April 1 (Reuters) - KKR's KKR.N non-traded business development company, KKR FS Income Trust, limited redemptions after requests for withdrawals surged, according to a letter to shareholders.

The fund, called K-FIT, received repurchase requests totaling roughly 6.3% of outstanding shares, of which it plans to satisfy about 80%, per the letter dated Tuesday.



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