Pimco President Christian Stracke said Pimco is staying away from loans being put up for sale amid tumult in the $1.8 trillion private credit market. The public caution from a major credit manager signals a risk-off stance and highlights potential liquidity and valuation stress in the private-credit ecosystem, with implications for funds facing secondary-sales pressure.
Pimco President Christian Stracke said Pimco is staying away from loans being put up for sale amid tumult in the $1.8 trillion private credit market. The public caution from a major credit manager signals a risk-off stance and highlights potential liquidity and valuation stress in the private-credit ecosystem, with implications for funds facing secondary-sales pressure.
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