Source: Reuters (via feed)
Morgan Stanley limited redemptions at one of its private credit funds. A regulatory filing on Wednesday showed investors sought to withdraw almost 11% of shares outstanding. The fund is managed by Morgan Stanley. The restriction followed a surge in withdrawal requests.
BizTrendWire Insight:
Morgan Stanley disclosed the redemption restriction in a regulatory filing. This update pertains to its private credit fund operations.
Morgan Stanley disclosed the redemption restriction in a regulatory filing. This update pertains to its private credit fund operations.
