BDCs make loans to private companies. Take a careful look at how they fund themselves, Citi analysts suggest.
While equity markets often grab the headlines, some of the most important signals about financial stress come from the credit ...
Private credit — direct lending to businesses outside the public bond markets — grew rapidly through the low-rate years of ...
The asset manager said this week it will meet 100% of redemption requests in its gigantic $82 billion Blackstone Private ...
S&P Global Ratings lowered its outlook on Cliffwater LLC’s flagship private credit fund to negative from stable, citing elevated redemption requests that risk putting pressure on its liquidity.
Citi CEO Jane Fraser said she's "sanguine" on the risks in private credit, but concerns about AI and war in Iran could make ...
The whole rationale of private credit has been to get paid extra for making almost-unsellable loans to smallish companies. Part of this “risk premium” is the so-called illiquidity premium — so-called ...
Stress in the private credit space has emerged as one of many risks to the market. Mohamed El-Erian warned it could lead to a "contagion phenomenon." ...
The BlackRock Global Long/Short Credit Fund falls into Morningstar’s long/short credit category. This category includes funds that take long and short positions in various credit and debt instruments.