After surge in withdrawals Morgan Stanley limits redemption to 5% of units outstanding as per https://www.reuters.com/business/finance/morgan-stanley-restricts-redemptions-private-credit-fund-after-withdrawals-surge-2026-03-11/
Simultaneously the US Fed Reserve is lowering capital requirements for US Banks as per https://www.reuters.com/sustainability/boards-policy-regulation/us-feds-bowman-unveils-relaxed-bank-capital-rules-2026-03-12/