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Business
from24/7 Wall St.
2 days ago

Wall Street's Own Stock Is Getting Hammered on Reddit and Here's What Investors Are Missing

Morgan Stanley capped redemptions at its North Haven Private Income Fund after investors requested withdrawals of nearly 11% of shares, returning only 45.8% of tender requests, triggering bearish sentiment and comparisons to broader private credit market concerns.
Business
from24/7 Wall St.
5 days ago

BlackRock Won't Let Billionaires Cash Out of Its $26B Fund. That Should Worry Everyone.

BlackRock's HPS Corporate Lending Fund gates redemptions after requests exceed its 5% quarterly cap, triggering market concerns about illiquid asset valuations and contagion risk across the private credit industry.
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