Latest / Wall Street Truthbombs Podcast
Morgan Stanley Just Told Investors: Your Money's Locked Up
Private credit was supposed to be built on patient capital. But when investors want out all at once, the structure changes fast.Morgan Stanley capped redemptions. Blue Owl shut the door permanently. Other funds are hitting limits. Now JPMorgan has reportedly marked down the collateral tied to private credit loans — and that changes the entire game.In this video, I break down why this is not just a one-fund story, why the good loans can get hit with the bad ones, and how a redemption wave can turn into a full-blown pricing feedback loop across a $3.5 trillion market.If you want to understand…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.