Jun. 18 at 7:16 PM
$OWL $BX $ARES $CG $KKR These WSJ / Bloomberg headlines aren’t even mentioning potential debt defaults anymore since there haven’t been any meaningful ones especially among the prime alt managers, so instead they continually recycle the “rise in individual investor redemption requests” over “fears of forced liquidations” due to high redemption requests, lol. While it's only individuals reacting to these headlines and trying to blow out of what they should have known aren’t liquid assets, hence the standard quarterly redemption limits found in every PC fund prospectus. Thank goodness these limits exist because when an analyst says they “expect high withdrawals to last more than year, increasing risk of forced liquidations” that is a nonsensical headline, in my view and equivalent of yelling fire in a crowded theater. The kind of financial media sensationalism that took down some of the smaller regional banks that got caught up in a similar scare a few years ago.
