Morgan Stanley Caps $7B Private Credit Fund Redemptions at 5% After 11.6% Exit Request
Investors in the $7 billion North Haven Private Income Fund face a 5% cap on withdrawals as redemption requests hit 11.6% in Q2. This move underscores growing liquidity strains in the $1.8 trillion private credit market, with implications for portfolio valuations and systemic risk.
Source: Bloomberg · Seeking Alpha