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Pimco Executive Notes Wealth Firms' Retreat from Private Credit
Pimco's Stracke reports that wealth managers are withdrawing from private credit investments and actively seeking alternative options, still recovering from earlier exit restrictions imposed by several major direct lending funds.
18 Aug, 11:15 — 18 Aug, 13:05
The Story
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Source Diversity
Low (19/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 1/5 buckets covered0/33
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Left
Center2
Center (2)
advisor-perspectivesbloomberg
Right
Far R
Geographic diversity— 1 region4/34
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ℹOnly 2 sources cover this story
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bloombergHigh3h ago
Pimco’s Stracke Says Wealth Firms Running Shy of Private Credit
Wealth managers are beating a retreat from private credit and ramping up a search for alternatives, as they continue to reel from sudden exit restrictions at several major direct lending funds earlier this year.
By Sharon Klyne
Read full article →advisor-perspectivesMostly Factual1h ago
Pimco’s Stracke Says Wealth Firms Running Shy of Private Credit
Wealth managers are beating a retreat from private credit and ramping up a search for alternatives, as they continue to reel from sudden exit restrictions at several major direct lending funds earlier this year.
By Sharon Klyne
Read full article →Coverage Timeline
First report: bloomberg · 18 Aug, 11:15|Full coverage: 2 · 2h|Window: 2h
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