Private credit

Banking

Goldman Leads Bidding for $37 Billion Palmer Square, a CLO Powerhouse

Photo via Bianca Otero/ZUMAPRESS/Newscom

CLOs allow investors to potentially get higher-than-average returns in exchange for taking on greater default risk.

2 min read

Photo via Richard B. Levine/Newscom

Finance

Blackstone Private Credit Fund Caps Withdrawals in Fresh Test for Strained Market

Blackstone said it would limit withdrawals to 5% of the fund’s shares, which is typical for these types of semi-liquid funds.

2 min read
Photo by Scott Graham via Unsplash

Advisor Upside

Advisors Look for Opportunity in Private Credit as Redemptions Continue

Fewer advisors are considering adding more investments in private credit now than they were in 2024, per a recent survey.

2 min read
Photo via Igor Golovniov/ZUMAPRESS/Newscom

Private Equity

KKR Profit Growth Challenges Private Markets’ Negative Narrative

As many private market firms struggle to sell assets to return cash to their eagerly waiting investors, KKR’s profits soared in the Q2.

1 min read

Hedge Funds

Winner in 2008’s Big Short Unveils Bearish Private Credit Play

Photo via Kris Tripplaar/Sipa USA/Newscom

Life insurers have been big backers of private credit, attracted by the higher yields on debt issued by non-bank lenders.

2 min read

Private Equity

Private Market Jitters Return as Partners Group Caps Withdrawals

Photo via SOPA Images/ZUMAPRESS/Newscom

The group limited withdrawals to 5% at its flagship private equity fund after second-quarter redemption requests reached nearly 10%.

2 min read

Finance

What, Me Worry? Blackstone Closes $10 Billion Private Credit Fund Amid Industry Turmoil

Photo via IMAGO/Gonzales Photo/Thomas Rasmussen/IMAGO/Gonzales Photo/Newscom

In recent days and weeks, private credit funds at KKR, Morgan Stanley and Blue Owl Capital have enforced redemption caps.

2 min read

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