Private credit

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

Photo via Alan Siu Mui Lun/Newscom

Private Equity

Apollo Caps Private Credit Fund Withdrawals After Requests Near 17%

The firm estimates that gross outflows from Apollo Debt Solutions will be roughly $700 million for the quarter.

1 min read
Photo by Alexander Mils via Unsplash

Advisor Upside

Semiliquid Funds Close In on $600 Billion as Investors Pile into Private Markets

A new report from Morningstar found that the drivers of investor interest have shifted noticeably over the past year.

2 min read
Photo by Alex Shuper via Unsplash

Retirement Upside

DOL’s Private Assets in 401(k)s Proposal Draws 40,000 Comment Letters

Views on the proposal are complicated and decidedly mixed, including within the financial services industry itself.

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

ETF Upside

Fidelity Adds Models with a Taste of Private Markets

Photo by Annie Spratt via Unsplash

The company’s new model portfolios are built primarily with ETFs or mutual funds, but they use less-liquid funds for private holdings.

2 min read

Photo illustration by Connor Lin / The Daily Upside, Photo by Thanumporn Thongkongkaew via iStock

Alternatives

From Crypto to Private Credit, Alts Attract Millennials Flush with Inherited Wealth

Rather than sticking with stocks and bonds, millennials are seeking higher returns from alternatives like crypto and private credit.

4 min read
Photo via Richard B. Levine/Newscom

Markets

BlackRock’s Writedown of Small Loan Fuels Private Credit Alarm

BlackRock’s writedown of a $25 million loan is fueling concern that much larger defaults are lurking in private credit.

2 min read
Photo via IMAGO/Vernon Yuen/IMAGO/Nexpher Images/Newscom

Private Equity

Blackstone Hits Dealmaking ‘Escape Velocity’

Nobody is happier about the exit uptick than Blackstone executives, whose realized performance compensation reached $1.1 billion in 2025.

2 min read

Sign Up for The Daily Upside to Unlock This Article

Sharp news & analysis on finance, economics, and investing.