Shares of banks and other financial institutions fell as private-credit fears resurfaced.

U.S. private markets firms fell in premarket trading, as concerns over redemption pressure returned to the spotlight.

“The disease is spreading across private markets asset classes. There is presumably a case to trim earnings expectations on contracting AUMs.”

Swiss Private-Equity Giant Caps Investor Withdrawals, Sparking Share Selloff

Partners Group capped redemptions on its $8.6 billion evergreen fund after requests hit nearly 10% of NAV, triggering a 17% stock plunge and 30% YTD

Partners Group capped redemptions from its $8.6B evergreen fund after requests hit 9.8% of NAV, sending shares down 17% and rattling private markets.

Shares of banks and other financial institutions fell as private-credit fears resurfaced.

Partners Group said it could cap capital withdrawals from more of its funds after a European gating sparked a private equity stock sell-off on Wednesday.

Investoren der Partners Group werden nervös, sie wollen Milliarden aus Private-Equity-Fonds abziehen. Die Partners-Group-Aktie rutscht an der Schweizer Börse kräftig ab – auch…

Investors having been putting money into private credit since the 2008 financial crisis. With time, the problems with those investments are starting to show.

Shares of banks and other financial institutions rallied, registering their biggest gain in a year as traders rotated into lagging sectors. The gains came despite an about-face…

Private credit funds catering to wealthy investors are coming under renewed pressure as redemption requests remain elevated in the second quarter. Early filings reviewed by…