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Bloomberg

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

Tuesday, August 18, 2026


Wealth managers reduced their allocations to private credit and began seeking alternative investments following restrictions on withdrawals implemented by several direct lending funds in early 2026, according to Pimco's Stracke.

Original reporting: https://www.bloomberg.com/news/articles/2026-08-18/pimco-s-stracke-says-wealth-firms-running-shy-of-private-credit

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