Mar 11, 2026 | Markets, Private Credit
Morgan Stanley and Cliffwater LLC capped withdrawals from their multibillion-dollar private credit funds after investors sought to redeem vastly more than the vehicles allow. Cliffwater’s $33 billion flagship private credit vehicle limited redemptions to 7% of shares...
Mar 11, 2026 | Markets, Private Credit
Wall Street banking giant Morgan Stanley (MS.N) has limited redemptions at one of its private credit funds after investors sought to withdraw almost 11% of shares outstanding, a regulatory filing showed on Wednesday. A flurry of bad news following several credit...
Mar 11, 2026 | Markets, Private Credit
JPMorgan Chase & Co. is restricting some lending to private credit funds after marking down the value of certain loans in their portfolios, the latest sign of stress in the $1.8 trillion industry. The devalued loans are to software companies, according to people...
Mar 10, 2026 | Markets, Private Credit, Private Markets
Many Hong Kong-based family offices are planning to add exposure to private equity and digital assets over the next three years, according to a report commissioned by local authorities. Interest from wealthy families in those assets, alongside private credit and...
Mar 10, 2026 | Markets, Private Credit
Cliffwater LLC is facing redemption requests in excess of 7% from its flagship private credit fund, according to people with knowledge of the matter. The $33 billion Cliffwater Corporate Lending Fund is structured as an interval fund, requiring it to repurchase up to...
Mar 6, 2026 | Markets, Private Credit
Shares of financial firms slid on Friday, as fresh worries over private credit combined with a broad market selloff to hit the weakened sector. Investors showed little patience for bad news, as the S&P 500 Index tumbled to close at its lowest levels since...