Reuters

Reuters

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.

Read more right-arrow
Reuters

Bank of England launches stress test of private equity and private credit industries

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.

Read more right-arrow
Reuters

Blue Owl previews private credit’s pain trade

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...

Read more right-arrow
Reuters

Exclusive: Blue Owl considers reviving merger of private credit funds, contingent on fund’s share price, sources say

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...

Read more right-arrow
Reuters

Private credit has a public confidence problem

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...

Read more right-arrow
Reuters

Bank of England says AI, private credit and gilt repos pose increased risks

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...

Read more right-arrow