Billions in Capital Calls Threaten to Wreak Havoc on Global Stocks, Bonds
- Capital calls outweigh distributions for private markets funds
- Cash-strapped investors forced to consider stock, bond sales
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The private market is coming to collect -- and it threatens to wreak havoc across global stocks and bonds.
As financial conditions tighten around the world, private-market funds are demanding that investors stump up more of the cash they pledged during the easy-money days of the pandemic.