Jun 28, 2026 | Markets, Private Credit
Billions are flowing from firms like Blue Owl and KKR into Buy Now, Pay Later companies. It’s an untested model and skeptics are worried about what happens in a downturn. The private credit industry was dubbed “shadow banking” as it took business away from...
Jun 25, 2026 | Markets, Private Credit
On paper, it seems like a no-brainer trade: Cash out of one private credit fund at 100% of net asset value and plow the money back into a similar vehicle that’s trading at a substantially discounted price. Like many things in the $1.8 trillion direct lending market,...
Jun 25, 2026 | Markets, Private Credit
Ares Management Corp. curbed withdrawals from one of its private credit funds for the second consecutive quarter after redemption requests rose to 14.4%, the latest sign that the $1.8 trillion industry remains under pressure. The $22.6 billion Ares Strategic Income...
Jun 24, 2026 | Markets, Private Credit
Hedge fund manager Lee Robinson notched a 900% gain during the global financial crisis by turning a $20 million position into $200 million with timely bets against the US subprime mortgage sector. Today, he sees a new opportunity as risks bubble up around private...
Jun 22, 2026 | Markets, Private Credit
Apollo Global Management Inc. is once again limiting withdrawal requests from its largest non-traded private credit fund for retail investors, as broader concerns about the asset class persist. Apollo Debt Solutions, which has roughly $25 billion in assets, capped...
Jun 19, 2026 | Markets, Private Credit
Two of Abu Dhabi’s biggest wealth funds are committing £1.5 billion ($1.9 billion) to back private equity firm EQT AB’s acquisition of Intertek Group Plc, the latest sign of the emirate’s appetite for big-ticket dealmaking despite the cloud of war. Abu Dhabi...
