The 2026 Private Credit Liquidity Crunch | Leyla Kunimoto on Redemptions in Semi-liquid Vehicles, Private/Public BDCs, and the Future of Alternatives – Monetary Matters with Jack Farley

The 2026 Private Credit Liquidity Crunch | Leyla Kunimoto on Redemptions in Semi-liquid Vehicles, Private/Public BDCs, and the Future of Alternatives – Monetary Matters with Jack Farley — Transcript

Market views

Bearish

BX— Blackstone and other alternative asset managers face fee revenue pressure as redemptions cap their semi-liquid funds and new capital inflows are expected to slow meaningfully.
PRIVATECREDIT— Private credit funds face redemption pressures with many capping withdrawals, and new capital inflows expected to slow significantly as advisors hesitate to allocate to capped funds.
PRIVATEEQUITY— Private equity is more concerning than private credit due to lack of visibility into assets and being junior in capital structure to private credit lenders.

Not investment advice.

Mentioned

Market views