Bloomberg

Bloomberg

‘Alpha is Over’ in Private Credit: DoubleLine’s Cohen

Robert Cohen, Director of Global Developed Credit at DoubleLine, says M&A has been below trend since the pandemic and the current pickup is just the beginning. He tells Romaine Bostick and Katie...

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Bloomberg

Blue Owl Is Now the Face of Private Credit Anxiety

Add AI and fickle wealth to the mix of market jitters, and the firm provides investors the perfect focus for their worries.

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Bloomberg

Private Credit ‘Hysteria’ Will Get Very Real Next Year

Private credit losses from borrowers defaulting remain low — so has everyone just “lost their minds” and the press got “hysterical” about the risks, as Apollo Global Management Inc. Chief Executive Officer...

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Bloomberg

Private Credit’s Sketchy Marks Get Warning Shot From Top DOJ Cop

Wall Street’s top prosecutor has a warning for private-market players getting creative with their numbers. Stark divergences in how competing firms value private assets in their portfolios are drawing increasing attention from...

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Bloomberg

Private Assets to be Half of Industry Revenues by 2030, PwC Says

Private markets will generate more than half of the money-management industry’s revenues by 2030, an increase that reflects the intensifying competition among firms to expand in private debt and equity and infrastructure,...

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Bloomberg

Private Equity’s $700 Billion Insurance Invasion Brings New Risks for Retirees

Private equity firms are using insurers’ money to drive their deals, raising concerns that US retirees’ savings are being exposed to new risks.

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Bloomberg

Blue Owl Money Machine Sputters in Face of Private Credit Cracks

Blue Owl Capital Inc.’s Craig Packer has been something of a mainstay on the New York Stock Exchange in recent years, ringing the opening bell multiple times to toast the private credit...

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Bloomberg

Apollo’s Rowan on ‘Cockroaches’ in Private Credit

Apollo’s Marc Rowan says he’s not worried about Jamie Dimon’s reference to hidden “cockroaches” in private credit. (Source: Bloomberg)

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Bloomberg

Dimon Cockroaches Are Living in Risk Markets’ Heads

Many investors now believe that private credit is bad enough to need an exterminator.

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