Canada's private debt funds face a reckoning after retail investors jolted by redemption freeze - The Globe and Mail


3/7/2022 12:00:00 AM3 years 11 months ago
by Tim Kiladze, Greg McArthur

The decision by Ninepoint Partners to halt redemptions on four of its funds has exposed the mismatch between illiquid loans and the promise of easy redemptions for investors

A design flaw in some of Canadas most popular private debt funds has sparked a reckoning for the sector, with retail investors realizing the promises made to them about cashing out do not always hold… [+6507 chars]

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