"Unprecedented" Withdrawal Requests Just Hit Private Credit
• Zero HedgeWe're starting to see some scary sh*t in private credit.
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We're starting to see some scary sh*t in private credit.
Blue Owl Gates After Shocking 41% Of OTIC Investors Ask For Their Money
Markets hate uncertainty, and war is uncertainty with missiles.
The Dutch Finance Ministry informed members of Parliament in a letter on Monday about "unauthorized access" to several of its banking systems, including the digital portal for treasury banking.
As Bloomberg noted on Friday: "Almost nothing in their standard defensive toolkit has worked to stall the declines. At least three of the four asset classes at the core of a diversified portfolio have fallen in unison for four straight weeks, matchin
This is exactly what happened right before SVB collapsed in 2023
Not rounding errors. Not methodology differences. LYING.
...informing investors that they may not have access to their funds for up to three years.
Sometimes it helps to get beaten down by the system early so that lessons can be learned and strategies formed.
Another hour, another fund suspending redemptions. This one, a real estate fund.