9 stories found
Investment trusts in the UK are urging the Financial Conduct Authority (FCA) to change rules to frustrate activist investors, prompted by Boaz Weinstein’s Saba's attempt to take over EWIT’s board.
A toxic brew of climbing bond yields and a broadening panic about the stability of private-credit lenders has helped push the S&P 500 financial services sector to its lowest level since May.
Boaz Weinstein Is ‘Buying Pessimism’ With Discount Bids on Private Assets Bloomberg
Hedge fund activist Boaz Weinstein is on the verge of a major campaign victory, aiming to overhaul an investment trust notable for its early investment in Elon Musk’s SpaceX rocket company.
Blue Owl Private Credit BDC is urging its shareholders to reject an offer made by investor Boaz Weinstein, indicating a potential struggle for control or strategic direction.
Boaz Weinstein has issued a strong warning about the private credit market, suggesting that it is on the verge of collapse.
Boaz Weinstein appears to be challenging Edinburgh Worldwide in a significant financial maneuver.
JPMorgan Limits Lending To Private Credit Groups After Marking Down Loan Collateral The barrage of negative private credit news, now that the $1.8 trillion bubble has burst, is coming hot and heavy. Following last night's report that Cliffwater, a private credit interval fund which according to Rubric Capital "is the canary in the coal mine and will be the first domino in the bank run” was the latest fund to be hit with 7% in investor redemptions (and unlike BlackRock, interval...
Boaz Weinstein Warns ‘Wheels Coming Off’ Private Credit Funds Bloomberg