Private Credit Funds Face $20 Billion in Redemption Requests Amid Rising Default Concerns

CoinLive
2026.04.12 16:24
Private credit funds experienced over $20 billion in redemption requests during the first quarter of 2026. According to NS3.AI, several major asset managers have responded by imposing withdrawal limits. Morgan Stanley has projected that defaults in the sector will increase from 5% to 8% over the next year. In response to these developments, S&P Dow Jones Indices is introducing the CDX Financials index, a credit default swap product linked to private credit funds, which includes 25 North American financial entities.