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Bloomberg: Rich people fleeing private credit haven't learned their lesson

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Bloomberg - September 24, 2026

Rich people fleeing private credit haven't learned their lesson

Bloomberg Opinion examined how wealthy investors are rotating out of private credit and into infrastructure funds, potentially repeating the same liquidity trap. Stanger data on fundraising trends and redemption activity was cited throughout, and Michael Covello was quoted on the outlook for redemption queues and the shift toward hard-asset strategies.

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