Participant

Private Debt Investor

Exclusive: Blue Owl’s Packer says firm won’t revive BDC merger

Co-president dispels speculation that controversial move to merge two BDCs might be reconsidered.

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Bloomberg

Private Credit’s Sketchy Marks Get Warning Shot From Top DOJ Cop

Wall Street’s top prosecutor has a warning for private-market players getting creative with their numbers. Stark divergences in how competing firms value private assets in their portfolios are drawing increasing attention from...

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Financial Times

Altice USA accuses creditors of forming ‘illegal cartel’

Defendants who own large chunks of $26bn distressed debt pile include Apollo, Ares, BlackRock and Oaktree

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Bloomberg

Private Assets to be Half of Industry Revenues by 2030, PwC Says

Private markets will generate more than half of the money-management industry’s revenues by 2030, an increase that reflects the intensifying competition among firms to expand in private debt and equity and infrastructure,...

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Private Debt Investor

The AI threat to delayed exits

Private credit managers happy to extend loan holding periods may find new technologies will wait for no one.

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Private Debt Investor

Blue Owl scraps BDC merger after sharp declines in shares

The manager confirmed the OBDC and OBDC II merger is terminated and it will re-evaluate alternatives.

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Private Debt Investor

A PE roll-up gone wrong and the lenders who feel the pain

Is the problem a mark-to-model issue or the lack of a sound business plan by a mid-market concern?

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Financial Times

Blue Owl’s clever private-to-public deal makes investors see red

The private capital firm has cancelled a planned merger between two affiliates that lend to middle-market companies

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Private Debt Investor

IFC proposes $60m commitment to private debt

The Washington-based government-related investment organisation is backing Allianz Global Investors.

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