Blackstone’s Schwarzman plays down private credit concerns over bankruptcies
Blackstone CEO Stephen Schwarzman said on Tuesday that he did not share market concerns over private credit relating to recent bankruptcies in the autos sector.
Blackstone CEO Stephen Schwarzman said on Tuesday that he did not share market concerns over private credit relating to recent bankruptcies in the autos sector.
The Bank of England said on Thursday that it was launching a stress test of how the private equity and private credit industries would deal with a financial shock.
The $20 bln shadow bank is gating redemptions at a fund pursuing a painful merger. It’s a deal meant to stop costly arbitrage caused by sagging listed vehicles. If yesterday’s qualms, like...
Blue Owl Capital is considering reviving a plan to merge two of its private credit funds if the share price of the larger fund improves, as the alternative asset manager evaluates its...
Listed vehicles run by non-bank lenders trade at a hefty 11% dividend yield, yet also well below the value of their assets. Liquid bond and loan markets are providing renewed competition, threatening...
The Bank of England said on Tuesday risks to Britain’s financial system had risen this year due to stretched valuations of companies investing in artificial intelligence, risky lending to big companies and...