His ‘elaborate scheme’ roiled credit markets. Now Tricolor CEO Daniel Chu is charged with fraud.
“Fraud became an integral component of Tricolor’s business strategy,” U.S. prosecutors said.
“Fraud became an integral component of Tricolor’s business strategy,” U.S. prosecutors said.
Wall Street’s top prosecutor has a warning for private-market players getting creative with their numbers.
In this video, Lord Abbett Portfolio Specialist Michael Cibelli explains how consolidation, regulation, and investor demand sparked the growth in direct corporate lending.
On December 5, 2025, the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) issued a joint statement (the Statement) rescinding the Interagency…
Investors and economists are warning about a piece of the financial system that could pose a risk that is potentially similar in ways to the housing crash that preceded the financial crisis...
After several years of turbulence driven by policy shifts, inflation shocks, and rising rates, credit markets are entering 2026 with a mix of greater clarity and continued complexity . Many indicators point...
(12 December 2025 – United States) Apollo Global Management has carved out its fast-expanding hybrid capital division from its flagship private equity business, signalling a decisive strategic pivot […]
So far, private credit market participants say the threat to their market share is slim, particularly among deals in the core middle market and below.
A new catalogue from the regulator has provided both retail and wholesale private credit funds with a summary of their key legal obligations.
US Senator Elizabeth Warren is advocating for increased oversight of the private credit market. Following recent bankruptcies, she warns that these failures may only represent the beginning of potential financial instability. The...