Private credit

Markets

Retail Investors Risk Ominous Opportunity Cost With Private Investments, Moody’s Warns

Photo via Richard B. Levine/Newscom

The private sector took off after traditional banks pulled back from some risky lending following the 2008 financial crisis.

2 min read

Orlando Bravo, founder and managing partner of Thoma Bravo. Photo by Joe Budd via CC BY-SA 4.0

Private Equity

Thoma Bravo’s $34B Win Leaves PE Rivals Choking on Exhaust Fumes

Private equity is stuck in a cycle of fewer exits, fewer returns, and fewer backers willing to sign up for new funds.

2 min read
Photo by JHVEPhoto via iStock

ETF Upside

Why Flows Into State Street’s Public-Private ETF Are Drying Up

The launch of PRIV was called a watershed moment in February, but has garnered little interest from investors since.

2 min read
Photo by Richard Bett via Public Domain Mark 1.0

Advisor Upside

Cap Group, KKR Approved to Launch Public-Private Funds

The new funds specifically target retail investors, a segment that could turn into a lucrative, untapped marketplace for the industry.

2 min read

Finance

Blackstone Gets Green Light for New Private Credit Fund, Raises $8 Billion for Real Estate Debt Fund

Photo by Roman Tiraspolsky via iStock

Blackstone’s new fund is one of several efforts aimed at cracking the private credit door open to retail investors.

2 min read

Photo by Terrillo Walls via Pexels

Advisor Upside

The SEC’s Bizarre Letter to State Street About PRIV

The agency asked pointed questions about the new exchange-traded fund just hours after its launch last week.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photo by Ppart and Peshkov via iStock

Advisor Upside

Advisors Want In on Private Credit. Should They?

The next frontier for private credit may be the mass market where fund managers are launching new products, like exchange-traded funds.

3 min read
Photo by Rann Vijay via Pexels

Finance

Sixth Street Gives Affirm a Big Boost

Private credit and buy-now-pay-later firms are teaming up to cut banks out of the consumer finance supply chain.

2 min read

Finance

Citigroup and Apollo Strike $25 Billion Partnership in White-Hot Private Credit Market

Photo by Håkan Dahlström via CC BY 2.0

Citigroup and asset management giant Apollo Global announced an alliance to source $25 billion worth of deals in the next half-decade.

1 min read

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