JPMorgan Restricts Private Credit Lending After Markdowns

Mar 11, 2026 | Markets, Private Credit

JPMorgan Chase & Co. is restricting some lending to private credit funds after marking down the value of certain loans in their portfolios, the latest sign of stress in the $1.8 trillion industry. The devalued loans are to software companies, according to people...

Campbell’s Cuts Outlook to 17-Year Low as Shoppers Forgo Chips

Mar 11, 2026 | Markets

Campbell’s Co. cut its profit outlook to the lowest in a decade as consumers eschew chips and pretzels while supply constraints are weighing on sales of freshly baked goods. Full-year earnings, adjusted for some items, are now seen between $2.15 to $2.25 per share,...

HK Family Offices Plan More Crypto, Private Markets Exposure

Mar 10, 2026 | Markets, Private Credit, Private Markets

Many Hong Kong-based family offices are planning to add exposure to private equity and digital assets over the next three years, according to a report commissioned by local authorities. Interest from wealthy families in those assets, alongside private credit and...

Cliffwater’s $33 Billion Private Credit Fund to See 7%-Plus Redemptions

Mar 10, 2026 | Markets, Private Credit

Cliffwater LLC is facing redemption requests in excess of 7% from its flagship private credit fund, according to people with knowledge of the matter. The $33 billion Cliffwater Corporate Lending Fund is structured as an interval fund, requiring it to repurchase up to...

Carson Block Goes From Sanguine to Skeptic on S&P 500 Due to AI

Mar 10, 2026 | Markets

Carson Block has flipped his view on the market over the last several weeks — all because of artificial intelligence. “Up until one month ago, I was completely sanguine on the S&P 500 and markets in general and the economy,” Block, the chief investment officer and...