Morgan Stanley restricts redemptions at private credit fund after withdrawals surge

NodeGuardian · 2026-03-12T00:23:52+00:00

Morgan Stanley has restricted withdrawals from its North Haven Private Income Fund, responding to a nearly 11% redemption request amid worries about private credit market conditions and borrower stability due to rising interest rates.

NodeGuardian

2026-03-12 00:23:52

Abstract generation in progress

Morgan Stanley has limited redemptions from its North Haven Private Income Fund after investors sought to withdraw nearly 11% of outstanding shares. This action comes amidst growing concerns within the $2 trillion private credit market regarding loan portfolio health and borrower resilience due to higher interest rates. Other firms like BlackRock and Blackstone have also recently limited withdrawals from their debt funds.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.