Morgan Stanley Caps Private Credit Fund After 11.6% Exit Request
A $7 billion private credit fund run by Morgan Stanley is capping investor withdrawals at 5%, allowing less than half of the redemptions shareholders requested in the second quarter.
By Olivia Fishlow · Bloomberg Markets
A $7 billion private credit fund run by Morgan Stanley is capping investor withdrawals at 5%, allowing less than half of the redemptions shareholders requested in the second quarter.