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“Black Rockck now limiting withdrawals from one of its funds. They only allow 5% redemptions per quarter.”

“The game here that's being played is they're trying to get as much money as possible because they collect fees. So it's all about assets under management.”

“The game here that's being played is they're trying to get as much money as possible because they collect fees. So it's all about assets under management.”

“Meanwhile, both Black Rock and Apollo Global Management have written bad loans down to zero that were marked at full value just a quarter earlier.”