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traditionally institutional world of private credit, with asset managers launching new funds tailored to retail demand.But the shift is also raising concerns about transparency, liquidity, and underwriting standards, as firms race to deploy capital amid limited supply of high-quality assets.Private markets are gaining prominence as public listings have declined and more companies opt to delist, Moody's said, adding that with institutional investors facing capacity constraints, asset managers are increasingly turning to retail capital to sustain growth."Under the current U.S. administration, the regulatory approach toward the private market has changed, with priorities shifting from enhanced disclosure requirements to a greater emphasis on accelerating capital formation," the ratings agency said in a report.To meet retail investors' expectations for quicker access to cash, asset managers are rolling out products with periodic liquidity windows, Moody's said. But in volatile markets, sudden redemption requests could strain these funds, creating a mismatch between available liquidity and what investors expect, Moody's added.The ratings firm also cautioned that as competition for high-quality assets intensifies, some asset managers may take on greater risks, investing in lower-quality assets to keep pace with surging demand.(Reporting by Prakhar Srivastava in Bengaluru; Editing by Maju Samuel)Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P Futures6,011.75 -17.25 (-0.29%)Dow Futures42,766.00 -142.00 (-0.33%)Nasdaq Futures21,824.75 -62.75 (-0.29%)Russell 2000 Futures2,136.80 -13.60 (-0.63%)VIX17.26 +0.31 (+1.83%)Gold3,388.70 +45.00 (+1.35%)PortfolioSign in to access your portfolioSign inTop gainersOKLO Oklo Inc. 68.03 +15.49 (+29.48%)QUBT Quantum Computing Inc. 18.97 +3.84 (+25.38%)SMR NuScale Power Corporation 41.60 +7.05 (+20.41%)RGTI Rigetti Computing, Inc. 12.52 +1.28 (+11.39%)FLR Fluor Corporation 49.79 +4.92 (+10.97%)Top losersNEGG Newegg Commerce, Inc. 10.71 -1.74 (-13.98%)LYEL Lyell Immunopharma, Inc. 9.41 -1.39 (-12.87%)SMMT Summit Therapeutics Inc. 19.58 -2.50 (-11.32%)CHWY Chewy, Inc. 40.76 -5.03 (-10.98%)GTLB GitLab Inc. 43.37 -5.14 (-10.60%)Most activeRGTI Rigetti Computing, Inc. 12.52 +1.28 (+11.39%)NVDA NVIDIA Corporation 142.83 -1.12 (-0.78%)INTC Intel Corporation 20.68 -1.43 (-6.46%)QUBT Quantum Computing Inc. 18.97 +3.84 (+25.38%)TSLA Tesla, Inc. 326.43 +0.34 (+0.10%)Earnings eventsTrending tickersORCL Oracle Corporation 176.38 -1.10 (-0.62%)OKLO Oklo Inc. 68.03 +15.49 (+29.48%)QUBT Quantum Computing Inc. 18.97 +3.84 (+25.38%)VOYG Voyager Technologies, Inc. 56.48 +25.48 (+82.19%)RGTI Rigetti Computing, Inc. 12.52 +1.28 (+11.39%)Top economic events