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JumpCrisscross
4 months ago
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US private credit defaults hit record 9.2% in 2025...
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the gated feature can be waived
Or never invoked. It's a safety feature for the fund and, arguably, systemic stability.
boringg
4 months ago
[–]
Totally - its supposed to prevent a collapse of confidence but at the same time can signal a collapse of confidence. Double edged sword.
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Or never invoked. It's a safety feature for the fund and, arguably, systemic stability.