Jun 12, 2026 | Markets, Private Credit
BlackRock Inc. capped redemptions from its flagship private credit fund for the second straight quarter after investors sought to pull about 13%, a sign that shareholders remain nervous about the health of the $1.8 trillion market. The roughly $25 billion HPS...
Jun 9, 2026 | Markets, Private Credit
The history of megacap initial public offerings shows that the stocks usually slump in the first year of trading. But upcoming listings from SpaceX, Anthropic and OpenAI are big enough and systemically important enough to the market that those analogies may not apply....
Jun 8, 2026 | Markets, Private Credit
The value of private equity technology deals has plunged since the end of last year as investors have grown more cautious about what companies are worth in the age of artificial intelligence, according to a Bain & Co. report. Global buyout deal value fell 70% to...
Jun 3, 2026 | Markets, 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 | Markets, 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...
May 29, 2026 | Markets, Private Credit
More private credit funds are at risk of losing the investment-grade ratings on their debt as they continue to face elevated redemption requests, according to research published by Bank of America Corp. Three of the largest private business development companies are...