Exclusive | Moody’s Sounds Alarm on Private Funds for Individuals - WSJ
1. Moody’s warns of risks in selling private funds to retail investors. 2. A surge in private-equity funds could stress the financial system. 3. Interconnectedness among fund managers may amplify market vulnerabilities. 4. Private-asset managers face reputational and regulatory risks with retail clients. 5. Recent partnerships aim to diversify fund offerings amid changing investor demands.