May 20, 2026 | Markets, Private Credit
The former chief executive officer of private credit shop Bridging Finance Inc. will ask Ontario’s highest court to review a fresh ruling that upheld fraud findings against him. David Sharpe “intends to seek leave to appeal to the Ontario Court of Appeal,” lawyer...
May 18, 2026 | Markets, Private Credit, Private Markets
Magellan Financial Group Ltd.’s chief executive said its merger with Barrenjoey Capital Partners will allow the Australian firm to provide its customers with more offerings in private markets. The deal is on track to close around the middle of this year and...
May 18, 2026 | Markets, Private Credit
The identity of an investor that dramatically boosted assets in State Street Corp.’s private credit ETF has been revealed as a $60 billion sovereign wealth fund that provides funding to Texas public schools. The Texas Permanent School Fund bought more than 29 million...
May 15, 2026 | Markets, Private Credit
Federal prosecutors are scrutinizing valuation practices at a BlackRock Inc. private credit fund, according to people with knowledge of the matter. The Manhattan US Attorney’s office in recent months has been seeking information about BlackRock TCP Capital Corp., a...
May 14, 2026 | Markets, Private Credit
The troubled private credit funds, by most any measure, are a sliver of the assets of investing giants KKR & Co., BlackRock Inc. and Apollo Global Management Inc. Yet as the firms’ most outward-facing vehicles during the $1.8 trillion market’s turbulent 2026,...
May 8, 2026 | Markets, Private Credit
A publicly-traded private credit fund managed by Goldman Sachs Group Inc. put two additional companies on non-accrual status in the first quarter, as the industry grapples with mounting concerns over exposure to businesses vulnerable to AI-driven disruption....
