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Pimco’s Stracke Says Wealth Firms Running Shy of Private Credit

Wealth managers are beating a retreat from private credit and ramping up a search for alternatives, as they continue to reel from sudden exit restrictions at several major direct lending funds earlier this year.

Pimco’s Stracke Says Wealth Firms Running Shy of Private Credit

Wealth managers are beating a retreat from private credit and ramping up a search for alternatives, as they continue to reel from sudden exit restrictions at several major direct lending funds earlier this year.

Earnings Bloomberg Aug 18, 2026

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