Over the past several years, Private Credit has been the new hot idea on Wall Street. Highly touted by many pundits, it quickly was embraced as a better way to invest in fixed-income securities.

Investors have worried about who would get hit if there’s a private credit bust. Many on Wall Street think the pain goes further than the lenders. By Andrew Ross Sorkin Bernhard Warner Sarah Kessler ...

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 ...

JPMorgan is marking down collateral held by private credit firms and reducing their borrowing capacity — a preemptive move driven by market valuations, not actual loan losses. The markdowns target ...

Wall Street figures are turning to colorful metaphors, including invoking the hated insect, to express caution about the $3 trillion risky-lending market. By Lora Kelley In recent months, Wall Street ...

In the last few weeks, private credit funds—nonbanks that lend out money to companies—have faced significant stress. Investors have asked to withdraw billions of dollars from funds, and some funds ...

Many private-credit funds have been barring the door for their clients. They had better hope their bankers don’t turn off the taps, too. Funds that make loans to companies are also themselves ...

Wealthy investors were reportedly looking to withdraw more than $10B from some of the largest private credit funds in the first quarter, forcing investment managers to limit redemptions and ...

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 ...

March 11 (Reuters) - Wall Street banking giant Morgan Stanley (MS.N), opens new tab has limited redemptions at one of its private credit funds after investors sought to withdraw almost 11% of shares ...

Wealth adviser Dick Pfister hosted an overcapacity dinner in New York this week for 30 high- and ultrahigh-net-worth clients. A big topic of conversation: What’s going on with private credit?

The troubled private-credit industry was under further pressure after a report that JPMorgan Chase was tightening its lending criteria while a $33 billion fund was reported to have seen heavy ...