Jun 3, 2026 | Private Credit, Private Markets
Shares of the biggest alternative asset managers tumbled Wednesday after Cliffwater LLC’s flagship private credit fund reported even larger redemption requests than in the first quarter, setting off a new wave of fears about the industry. Shares of Blackstone...
Jun 3, 2026 | Private Credit, Private Markets
Wall Street’s top prosecutor said his office is looking at possible valuation discrepancies in the private credit marketplace. Jay Clayton, the US attorney for the Southern District of New York, addressed the issue Wednesday while speaking at the Bloomberg Global...