Private Credit Investors Prefer to Be Trapped Than Take 26% Loss
Cox Capital Partners offered to purchase shares from private credit funds, up to $90 million worth, at an average 26% discount to address a nearly $15 billion redemption backlog, but investors are reportedly preferring to remain in illiquid funds rather than accept the significant loss.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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