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...

Goeasy shares sink nearly 60% after it withdraws guidance, suspends dividend

Mar 10, 2026 | Markets

Shares in Goeasy Ltd. sank nearly 60 per cent after the non-prime consumer lender suspended its dividend, announced it would take more than $200 million in charges in its fourth quarter and withdrew its financial guidance. Goeasy shares were down $65.90 or 57 per cent...

Legal AI Startup Legora Raises $550 Million for US Expansion

Mar 10, 2026 | Markets

Swedish legal artificial intelligence startup Legora has raised $550 million in a Series D funding round led by Accel, tripling its valuation from an October round to $5.55 billion as it seeks to expand in the US. Existing investors Benchmark, Bessemer Venture...

Aluminum Slips From Multiyear High as Market Turmoil Hits Metals

Mar 9, 2026 | Markets

Aluminum fell amid a broad selloff across financial markets, after earlier touching the highest in almost four years as escalating hostilities in the Middle East hit supplies from the region. The metal rose as much as 2.8% to $3,544 a ton, before turning lower as...

Citadel Securities Sees Markets Mispricing Fed, ECB Rate Paths

Mar 9, 2026 | Markets

Investors are wrong to bet the European Central Bank will raise interest rates this year while the Federal Reserve cuts, Citadel Securities said, arguing that the oil-price surge makes such policy divergence unlikely. With the conflict in the Middle East lifting crude...