Investors asked to yank 21.9% from Blue Owl’s $20 billion Credit Income Corp. fund between January and March.
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Most of JPMorgan’s big banking peers don’t have NAV loan agreements that let them proactively revalue assets.
Shares of major private-credit lenders are down significantly this year: Apollo has lost 26%, KKR 31%, Blackstone 30%, and Ares 35%.
The company’s new model portfolios are built primarily with ETFs or mutual funds, but they use less-liquid funds for private holdings.
Rather than sticking with stocks and bonds, millennials are seeking higher returns from alternatives like crypto and private credit.
BlackRock’s writedown of a $25 million loan is fueling concern that much larger defaults are lurking in private credit.
Nobody is happier about the exit uptick than Blackstone executives, whose realized performance compensation reached $1.1 billion in 2025.
Retail investors can get private assets in a few ETFs, but there are limits on how much is in the portfolios and questions about valuations.
Despite a recent pickup in dealmaking, the industry is sitting on a backlog of at least 31,000 companies valued at $3.7 trillion.
Ares is a major player in the private-credit market, which is facing both a surge in popularity and mounting concerns.
The most significant benefits went to savers with bigger balances and higher contribution rates.
When First Brands filed for bankruptcy last month, it listed over $10 billion in liabilities and nearly $6 billion in long-term debt.
The opportunities to invest are expanding, but due diligence is key.
Investing $1 billion in T. Rowe may be more efficient for Goldman than building out its own channel.
Apollo Global Management CEO Marc Rowan believes that allocations to private markets will make up a third of client portfolios in the future.
Economic uncertainty and rising geopolitical tensions have family offices becoming more selective with their allocations, per BlackRock.