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Citywire

Morgan Stanley: The good, the bad and the ugly in private credit PIK deals

WATCH: David Miller, head of private credit and equity, says interest payment deferrals are on the rise, but that Morgan Stanley keeps PIK deals below 3% in its direct lending portfolios.

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PYMNTS.com

Banks Reassess Private Credit With Real-Time Data in Hand | PYMNTS.com

Private credit has moved into the financial mainstream, recently estimated at $2 trillion in outstanding loans and investments that support companies

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AMWatch

Allspring sees “cracks” in private credit market and a pendulum swing back to public fixed income

In the first installment of the AMWatch Winter Series looking at the Nordic operations of international managers, we hear from Mounji Boulahdour, Nordic sales director at Allspring Global Investments.

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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.

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CNBC

Private credit is beginning to look like the bond market — and that comes with red flags

Private credit is starting to resemble the public debt market, as its expansion blurs lines that once separated private and public debt financing channels.

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Investor Daily

Instos usurped by family offices in private market usage – Investor Daily

Family offices are outpacing institutional investors when it comes to use of private markets, according to Schroders. The firm’s Global Investor Insights surveyed nearly 1,000 institutional investors and wealth managers, including 79...

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Alternative Credit Investor

Oaktree to manage Allianz reinsurance assets in new Lloyd’s syndicate

Allianz has entered into a strategic partnership with Oaktree Capital Management to create a new reinsurance syndicate at Lloyd’s.

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Daily Telegraph

The ugly battle for millions of Australia’s hottest tech stock

Remagen Capital boss Simon Raftery has launched court action against Ben Madsen over control of nearly 1.1 million shares in $6bn data centre giant Firmus Technologies.

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