Mar 19, 2026 | Markets, Private Credit
Goldman Sachs Asset Management has begun preliminary talks with investors to raise at least $10 billion for a global direct lending fund, according to people with knowledge of the matter. The fund, West Street Loan Partners VI, will focus on companies across North...
Mar 19, 2026 | Markets, Private Credit
Goldman Sachs Group Inc. and JPMorgan Chase & Co. are among investment banks offering hedge fund clients ways to bet against the $1.8 trillion private credit market, people with knowledge of the matter said. The firms have assembled baskets of listed companies...
Mar 17, 2026 | Markets, Private Credit
Default rates in direct lending will climb to 8% as advances in artificial intelligence continually disrupt the software industry, according to Morgan Stanley. While AI disruption has yet to impact private credit fundamentals in a “material way,” elevated leverage and...
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...
