Jul 30, 2026 | Markets, Private Credit
The default rate across 1,300 US private debt borrowers tracked by Fitch Ratings rose to a record high in the second quarter, according to a report released Thursday. The trailing 12-month private credit default rate in the US increased to 6% as of the end of the...
Jul 28, 2026 | Markets, Private Credit
An employee who raised red flags over suspicious revenue booking is behind what sparked a massive federal investigation into billionaire sports mogul Mark Walter. US prosecutors are probing the owner of the Los Angeles Lakers and Dodgers, after receiving information...
Jul 24, 2026 | Markets, Private Credit
Jonathan Bock, co-chief executive officer of Blackstone Inc.’s flagship $78 billion private credit fund, is leaving the firm, according to a filing Friday. Bock, who joined three years ago, resigned on July 20, the firm said. Blackstone won’t replace his role, with...
Jul 22, 2026 | Markets, Private Credit, Private Markets
Funds available at launch through Bank of America wealth management platforms BOSTON & VALLEY FORGE, Pa. & NEW YORK–(BUSINESS WIRE)–Wellington Management (“Wellington”), Vanguard, and Blackstone (NYSE: BX) today announced the launch of two new...
Jul 22, 2026 | Markets, Private Credit, Private Markets
Blackstone Inc. teamed up with Wellington Management Co. and Vanguard Group to create two new funds that will give individual investors access to private assets as it looks to go beyond its roots as a money manager for pensions and institutions to become more of a...
Jul 20, 2026 | Markets, Private Credit
The billionaire Los Angeles Dodgers owner Mark Walter’s sprawling investment empire is facing scrutiny from US prosecutors, who have been investigating potential financial improprieties at two of his insurance companies and at Guggenheim Partners LLC, according to...
