Australia's Metrics freezes some fund redemptions in sign of private credit market stress

Metrics Credit Partners one of Australias biggest private credit firms said it had frozen investor redemptions from some funds and delayed the release of financial reports in the latest sign of stress in the non-bank lending sector Metrics which manages around A40 billion 28 billion said on Wednesday that its auditor KPMG would not sign off on full-year accounts for three listed funds before a September 30 lodgement deadline