Financial Times

Financial Times

In a tough year, private credit bosses are pointing fingers

Firms like Apollo find it hard to shake narratives formed by legacy private equity and distressed debt operations

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Financial Times

Blue Owl private credit fund merger leaves some investors facing 20% hit

Asset manager blocks redemptions from one of its first private debt vehicles targeting wealthy individuals

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Financial Times

Warnings from the private credit wobble

Investors and regulators should sharpen scrutiny of risky lending practices and interlinkages

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Financial Times

Blue Owl’s private credit fund U-turn

Plus, the mega-deal rippling through Wall Street, Hollywood and Washington, and pharma groups stressing buyout firms

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Financial Times

How banks fuel the private credit boom

Lenders emphasise their safety and private credit’s riskiness. In reality, the two are intertwined.

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Financial Times

Blackstone, Apollo and KKR sign up to UK stress test of private credit

US private capital groups to take part in Bank of England review amid concerns over systemic risks

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Financial Times

The probe gripping Italy’s banking industry

Plus, private credit lenders submit to stress tests and a tumultuous few months at commodities trading giant Gunvor

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Financial Times

Altice USA accuses creditors of forming ‘illegal cartel’

Defendants who own large chunks of $26bn distressed debt pile include Apollo, Ares, BlackRock and Oaktree

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