By Manya Saini March 11 (Reuters) - Wall Street banking giant Morgan Stanley has limited redemptions at one of its private ...
The troubled private-credit industry was under further pressure after a report that JPMorgan Chase was tightening its lending ...
Goldman Sachs said roughly 80% of the direct lending market is held in vehicles that typically don't allow investors to ...
Morgan Stanley and Cliffwater LLC capped withdrawals from their multibillion-dollar private credit funds after investors ...
Private credit is a key pillar of global capital formation, but it’s less transparent than public-market equivalents. Read ...
One person familiar said the move was made preemptively to reduce the amount of credit available to the funds. Private credit ...
Apollo Global Management Inc. is ramping up its efforts to give investors more regular insight into the value of its opaque private credit holdings, just as a spate of redemption requests from such ...
The asset manager said this week it will meet 100% of redemption requests in its gigantic $82 billion Blackstone Private ...
Private-asset-backed lenders fueled the rapid rise of a London mortgage lender that went bust last month.
A reduction in the value of those assets will curtail the amount the bank is able to lend to these funds, heaping further pressure on an industry already grappling with a series of hefty withdrawals ...
There's a huge difference between short-term volatility and true systemic risk. The current rash of redemptions from private ...
Investors in Cliffwater LLC’s flagship private credit fund looked to redeem about 14% of shares in the first quarter, leading the firm to cap its repurchases at 7%, it said in a letter to investors ...