JPMorgan Plans Private Credit Fund That Allows 7.5% Redemptions
JPMorgan Chase & Co. is planning a new fund investing in private credit that will allow investors to redeem 7.5% a quarter — and, potentially, offer monthly withdrawals — as...
By Olivia Fishlow, Ellen DiMauro · Bloomberg Markets
JPMorgan Chase & Co. is planning a new fund investing in private credit that will allow investors to redeem 7.5% a quarter — and, potentially, offer monthly withdrawals — as the $1.8 trillion market grapples with an unprecedented liquidity squeeze.