MS · News · 20260921N
Private Credit Fund Redemptions
MORGAN STANLEY · 2026-09-21 · Importance 45 · Surprise 50 · In source text
Investors in Morgan Stanley’s North Haven Private Income Fund requested redemptions equal to 11.4% of shares. The fund plans to repurchase only 5% of shares, leaving redemption requests more than twice the planned repurchase amount. Demand was modestly lower than the 11.6% redemption requests recorded in the previous quarter. The report said some requests came from investors who had previously been unable to exit fully, highlighting continued liquidity pressure in the private-credit vehicle.
Key facts
- The North Haven Private Income Fund plans to repurchase 5% of shares. source
- Investors in Morgan Stanley's North Haven Private Income Fund requested to withdraw 11.4% of shares. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | negative | probable | — | The North Haven Private Income Fund plans to repurchase 5% of shares. |
| revenue | negative | contingent | — | Investors in Morgan Stanley's North Haven Private Income Fund requested to withdraw 11.4% of shares. |