Mohamed El-Erian warns of financial-crisis red flags after a major private-credit fund freezes withdrawals
Rob Kim/Getty Images
- Mohamed El-Erian said a recent development in private credit has hints of 2007.
- He pointed to Blue Owl freezing withdrawals on a private debt fund offered to retail investors.
- The private credit investing boom may have gone "too far overall," he said.
Mohamed El-Erian thinks a recent development in private credit contains echoes of the financial crisis.
In a LinkedIn post on Thursday, the former PIMCO CEO flagged a Financial...