20 stories found
Private credit funds that heavily lent to software companies during a buyout rush are now grappling with an 'AI recovery problem' as these tech businesses face disruption from artificial intelligence.
Concerns are being raised that the rapidly growing private credit sector could quickly evolve into a significant public problem, potentially impacting broader financial stability.
Money is rapidly exiting the private credit sector, causing significant concern for Wall Street as outflows continue to be a bad sign for the industry.
Deutsche Bank has issued a warning about potential risks in the private credit sector, despite an expected increase in its private credit portfolio to nearly 26 billion euros by 2025. The bank now flags a $30 billion exposure to private credit.
Apollo Global Management intends to value its private credit assets daily, a move aimed at addressing concerns and criticisms regarding the opaque valuation practices in the private credit sector.
Asia's private credit sector is actively seeking gains while its US counterparts face mounting stress.
Credit Fears Put Blue Owl on Track For Worst Month Since 2022 Bloomberg.com
The private credit market is at a critical inflection point, with "cracks" becoming apparent as Apollo's stock dropped and Blackstone also experienced a slip amidst growing concerns about the sector's future trajectory. However, Blackstone's Caplan sees low private credit default levels, offering a contrasting view on the sector's health.
A 'private credit storm' is reportedly affecting the father-son duo leading Cliffwater, a firm involved in private credit. This development highlights specific challenges within the private credit sector impacting individual firms.
The private credit sector is reportedly experiencing a period of discomfort as negative developments and bad news continue to accumulate in the non-bank lending market.
JPMorgan is reducing its exposure to the private credit sector, a move that comes as the sector faces increasing pressure, with a CNBC panel warning about potential challenges.
The private credit industry is facing increased pressure as JPMorgan Chase reportedly tightens its lending criteria, while a $33 billion fund experiences heavy redemptions.
Blue Owl has attracted a record number of short bets as the private credit sector continues to face intense scrutiny from investors.
Blue Owl has halted redemptions at one of its retail private credit funds, marking a significant development in the private credit sector.
An analysis suggests that the rapid growth of the private credit sector could quickly evolve into a significant public problem.
The private credit sector's performance has worsened over the past year, with public markets reflecting a decline from good to bad to worse, despite long-term growth prospects.
The private credit market is experiencing increased stress, with Quant ratings indicating a cautious outlook on several firms, signaling potential financial instability in the sector.
Warnings are being raised about the private credit sector, with some observers noting 'alarm bells' that are reminiscent of the 2007 subprime mortgage crisis.
The private credit sector has provided an additional $400 million in funding to the software company Enverus, highlighting continued activity in direct lending.
Blue Owl's stock has fallen below its listing price due to mounting concerns in the private credit sector, including investor redemptions and fears of AI disruption impacting software companies.