Jun 3, 2026 | 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 | 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 21, 2026 | Markets, Private Markets
Elon Musk’s SpaceX pulled back the curtain on a business empire that has racked up ballooning losses and debt after acquiring a cash-hungry startup, and pumping billions of dollars into futuristic endeavors ranging from AI to a Mars rocket. The prospectus that...
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...
Mar 10, 2026 | Markets, Private Credit, Private Markets
Many Hong Kong-based family offices are planning to add exposure to private equity and digital assets over the next three years, according to a report commissioned by local authorities. Interest from wealthy families in those assets, alongside private credit and...
Jan 16, 2026 | Markets, Private Markets
BlackRock Inc. will award some of its most senior executives new pay perks tied to its expansion in private markets, signaling again its intent to compete head-on with the largest alternative asset managers. The firm will give some of its “selected” leaders carried...