Private Credit Investors Prefer to Be Trapped Than Take 26% Loss

Aug 27, 2026 | Markets, Private Credit

The calculus by Cox Capital Partners was simple enough. With a nearly $15 billion redemption backlog from private credit funds, the firm would offer instant liquidity for some investors by purchasing their shares, up to $90 million worth, at an average 26% discount....

The ‘Burn the Bonds’ Stage of the Debt Cycle Is Here

Aug 27, 2026 | Markets

High indebtedness has prompted a call for France to cancel part of its public liabilities. Ideas spread, so expect similarly unorthodox demands elsewhere as governments grapple with high debt, while political disruptors air increasingly unconventional policies. All...

US Aims to Revive Civil War-Era Court to Claim Iran Oil as Prize

Aug 26, 2026 | Markets

The Justice Department is preparing to activate a long-dormant maritime war court to streamline military capture of Iranian oil tankers as US prizes, according to three people familiar with the plans. Reviving prize courts, which is expected to face legal challenges,...

Up to 50% of Planned US Data Centers Are at Risk of Delays, Kimmeridge Says

Aug 26, 2026 | Markets

As many as half of the proposed data centers in the US are at risk of delays or cancellations because of growing political backlash and the complexities of building physical assets, according to investment firm Kimmeridge Energy Management Co. “The sort of Silicon...

Guggenheim Investments Says Affiliates May Buy Its Hard-Hit Loan

Aug 25, 2026 | Markets

Guggenheim Investments, the asset-management arm of Mark Walter’s Guggenheim Partners, is telling lenders that affiliates may look to buy portions of a loan issued by its financing entity after the debt’s value collapsed in recent weeks. The $1.18 billion loan...