Market Macro Trend

The Drawdown

Private credit’s investor woes | The Drawdown

Cross-border private credit needs to get its operational apparatus in shape, particularly around risk, complexity, reporting and transparency, research by CSC shows

Read more right-arrow
Bloomberg

Shareholders of FineToday to Get Payout Funded by $350 Million Goldman Loan

The shareholders of Japanese personal care business FineToday Holdings Co. will receive dividend payouts funded by a $350 million private credit loan, according to people familiar with the matter, adding to a...

Read more right-arrow
Bloomberg

Capital Group Adds Private Credit, Equity to Popular American Funds Lineup

Capital Group is teaming up with KKR to add private credit to its fund lineup and retirement portfolios.

Read more right-arrow
Bloomberg

India’s DMI Debuts Private Credit Fund, Hires Omers Alumnus

India’s DMI Alternatives raised $120 million for its inaugural private credit fund and hired former Ontario Municipal Employees Retirement System investor Harein Uppal to lead it.

Read more right-arrow
Bloomberg

Fears of Private Credit Are Based on Four Myths: Marc Rowan

Apollo CEO Marc Rowan writes some media reports fail to note some facts about private credit, as fears build around the asset class. Bloomberg Chief Wall Street Correspondent Sridhar Natarajan goes over...

Read more right-arrow
TipRanks

Pengana Global Private Credit Trust Announces Cessation of Securities – TipRanks.com

An update from Pengana Global Private Credit Trust ( ($AU:PCX) ) is now available. Pengana Global Private Credit Trust announced the cessation of 426,000 ordinary un…

Read more right-arrow
Semafor

Private credit defaults are coming — and that’s ok

Loan defaults won’t be catastrophic and are to be expected after a decade of easy money, said a BlackRock senior executive.

Read more right-arrow
Bloomberg

The Bank of England Is Fueling a Party It Doesn’t Want

The Bank of England is rewarding lenders for their expanding role in financing hedge funds, private credit firms and other “shadow banking” players by cutting their capital demands. This creates a clanging...

Read more right-arrow
Monitor Daily

Commercial Finance Partners Completes $10.8MM Refinancing for Accounting Firm Roll-Up

Commercial Finance Partners (CFP) recently closed a comprehensive refinancing package for a multi-location accounting firm roll-up whose prior facility had

Read more right-arrow