ECB’s Villeroy Sounds Warning on Private Credit Liquidity Risks
The rise of semi-liquid vehicles meant to attract retail investors could pose a risk to fund managers as high-profile names like Blue Owl Capital Inc., Blackstone Inc. and BlackRock Inc....
By Michelle Cheng · Bloomberg Markets
The rise of semi-liquid vehicles meant to attract retail investors could pose a risk to fund managers as high-profile names like Blue Owl Capital Inc., Blackstone Inc. and BlackRock Inc. have received a wave of withdrawal requests, according to the Governor of the Bank of France.