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Wells Fargo said its exposure to private credit firms was approximately $36.2 billion in Q1, with software companies accounting for 17%.
Wells Fargo reported $36.2 billion in private credit exposure in Q1, with 17% in software.
KEY POINTS
- Citigroup's private credit exposure is $22 billion, with minimal loans to BDCs.
- Blue Owl capped fund redemptions at 5% after withdrawal requests reached up to 41%.
- Congress has requested detailed disclosures on private credit from major private equity firms.
- Morgan Stanley, BlackRock, and JPMorgan have also recently limited investor redemptions due to market concerns.
COMPANIES
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