Market Macro Trend

BDC’s Emerge as a High-Yield Haven as Private Credit Shifts | VanEck

BDCs continue to offer some of the highest yields in private credit and pullbacks may allow investors to capture tax benefits while staying invested.

The rise of private credit, and why ‘ordinary people’s money is on the line’ : Consider This from NPR

When companies need a loan, traditionally they turn to a bank.But increasingly they’re turning to financial firms that are not really banks, but do have a lot of cash. This ... The...

Growth of private credit a “ticking time bomb”

A recent Financial Times editorial pointed to unmistakable signs that the conditions for another financial crisis are maturing.

Private Credit Firm Permira Eyes Takeover of German Tour Company

Private credit lender Permira Credit is in advanced talks to take over German tour operator Berge & Meer, according to the company, another sign of the growing trend of direct ... Private...

Exclusive | U.S. Insurers Are Binging on Private Credit, Moody’s Says

A handful of insurers are buying much of the investments, which are hard to trade and have relatively low credit ratings

Morningstar ups private credit research amid fund boom

Morningstar has become the latest research house to express concern about private credit funds, suggesting it is conducting further checks before handing out a fund rating.

The promise and perils of private credit

An increase in corporate borrowing from private funds means more growth, but potentially more risk for investors and the public, says Duke Law’s Elisabeth de Fontenay

General Atlantic Secures Private Loan to Fund Chicken Chain Deal

General Atlantic Service Company LP has secured a private credit loan from Ares Management Corp. and Nomura Holdings Inc. to finance its acquisition of a stake in Australian chicken chain ... General...

This Could Cause ‘The Next Big Crisis’ in Markts, The Man Known as ‘Bond King’ Says

Jeffrey Gundlach, CEO of DoubleLine Capital, warned in a podcast appearance Monday that private credit “has the same trappings” as the subprime mortgage market that precipitated the Global Financial Crisis.