3 ms·

BlackRock $26B Private Credit Fund Limits Withdrawals

• greesil 7mo ago
  https://archive.is/HsNyk https://archive.is/HsNyk
• zenon_paradox 7mo ago
  [flagged]
• u1hcw9nx 7mo ago
  If this happened to bank deposits, it would be called a bank run. Every time the crash starts the same. The problems start in markets that are opaque and non-regulated. Banks are now fine, the risks moved into private credit and shadow banking. The US has between $1.3 and $1.5 trillion in private credit AUM. 70% of global private credit. It has expanded rapidly and the quality has decreased as it has been "democratized" and retail investors have access.
• ares623 7mo ago
  Is that good?
  • greesil 7mo ago
    Do you like things that look like bank runs? If so, then yes.