{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Eurodollar University","title":"Oh Sh*t... Another $33B Private Credit Fund Is Blowing Up...","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/027ee465\"></iframe>","width":"100%","height":180,"duration":1997,"description":"It is beginning to look more and more like a slow-motion shadow bank run. Yet another massive fund hit with largescale withdrawals. Not only that, the liquidity pressure also led to more asset sales. But those aren't even the worst of the day's news: that comes from JP Morgan and it has to do with COLLATERAL.\n-------------------------------------\nJoin us for our free webinar Thursday March 26, 2026 at 6pm ET. With credit market developments escalating even more, and major market moves accompanying them, we're going to go over where everything stands but also look forward at the potential scenarios coming out of what continues to look like a global bust. \nSign up below:\nhttps://eurodollar-university.com/home-page-web\n-------------------------------------\nCliffwater’s $33 Billion Private Credit Fund to See 7%-Plus Redemptions\nhttps://www.bloomberg.com/news/articles/2026-03-10/cliffwater-s-private-credit-fund-said-to-see-7-plus-redemptions\nPimco Sees Crisis of ‘Bad Underwriting’ in Private Credit\nhttps://www.bloomberg.com/news/articles/2026-03-11/pimco-blames-sloppy-underwriting-for-private-credit-reckoning\nCliffwater in market with $1B private credit secondary sale\nhttps://pitchbook.com/news/articles/cliffwater-in-market-with-1b-private-credit-secondary-sale\nJPMorgan Restricts Private Credit Lending After Markdowns\nhttps://www.bloomberg.com/news/articles/2026-03-11/jpmorgan-marks-down-private-credit-portfolios-ft-reports\nSomething on Wall Street 'Smells Like' 2008, Says Former Goldman Sachs Chief. Here's What It Is.\nhttps://www.investopedia.com/private-credit-stress-smells-like-2008-says-former-goldman-sachs-chief-blankfein-11920345","thumbnail_url":"https://img.transistorcdn.com/-PtiTzNd5Hw0QA5KJSn4hxFg04siyhv-eokn_umaeKU/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzkyNDMvMTY2ODk5/MjU1OS1hcnR3b3Jr/LmpwZw.webp","thumbnail_width":300,"thumbnail_height":300}