Results for "Private Credit Fund"

Phil Tseng is resigning from his leadership role after the private credit fund implemented substantial asset markdowns, prompting internal restructuring.

Investment bank Jefferies has flagged increasing loan defaults across major private credit funds, signaling growing vulnerabilities in the US alternative lending sector.

Singapore-based insurer Great Eastern Holdings is investing in Granite Asia’s inaugural private credit fund, reflecting a broader trend of insurance capital flowing into alternative credit markets.

Two prominent private credit funds, Blackstone and Blue Owl, have begun offering investment-grade bonds, marking a return of such deals after a quiet start to the third quarter.

Blackstone Inc.'s publicly traded private credit fund saw its profit drop by 94% in the second quarter due to a decline in the value of its holdings, although the performance of its loans remained steady.

Ares Management Corp.'s $29 billion flagship private credit fund reported an increase in non-accruals, indicating a rise in troubled investments during the second quarter as the industry grapples with exposure to businesses vulnerable to AI advancements.

Buyers are positioning themselves as liquidity providers to fund managers amidst stress in private credit funds, indicating a shift in investment strategies.

The CEO of a BlackRock Private Credit Fund has departed the company amidst an ongoing valuation probe and mounting financial losses.

Two private credit funds managed by Blue Owl have implemented caps on redemptions following a surge in requests from investors. This move reflects challenges in the private credit market.

A private credit fund managed by Goldman Sachs experienced redemption requests totaling 3.24% of its assets during the second quarter of the year.

Goldman Sachs suggests that private credit funds are likely to deploy their substantial 'dry powder' to address potential financing market disruptions within a particular sector.

Apollo has capped its private credit fund after receiving requests from investors to exit, totaling 17% of the fund. This decision comes amidst significant investor movement within the fund.

Redemptions from Oaktree's private credit fund have reportedly dropped below the critical 5% limit, indicating a stabilization in investor withdrawals.

Despite shareholders withdrawing funds from private credit funds due to concerns over software exposure, opaque loan values, and non-payments, some bond investors are actively purchasing their debt, indicating continued interest in the asset class.

The private equity sector is experiencing a significant shift, with some funds, following private credit funds, now unable to fully meet investor requests for withdrawals. This development has caused nervousness in the market, and industry leaders acknowledge a profound transformation is underway.

Blackstone has implemented restrictions on withdrawals from one of its private credit funds, impacting investors' access to their capital.

Cliffwater LLC's flagship private credit fund capped redemptions at 5% in the second quarter after investors sought to pull about 17% of shares, signaling ongoing pressure in the private credit market.

Varde Partners has joined a growing number of firms launching private credit funds in Asia, indicating an increasing trend in alternative financing within the region.

The Department of Justice has launched an investigation into the valuations of BlackRock's private credit funds following dramatic repricings in the sector.

A report indicates that BlackRock's private credit fund valuation practices are currently under investigation.

Companies are actively engaging in strategies such as buybacks, fund revamps, and new deals in an effort to resolve problems within private credit funds.

DBS is offering a private credit fund with a yield of up to 20% to its affluent clients.

Two private credit funds managed by Blue Owl Capital have announced dividend cuts, with one fund also selling half of its stake in SpaceX prior to its initial public offering, signaling stress in the sector.

The Apollo Private Credit Fund has reported a loss, attributed to weakness within its investment portfolio. The details were published by Bloomberg.com.

An analysis explores whether FS KKR Corp, a private credit fund boasting a 16.6% yield, represents a value buying opportunity for investors.

Saba Capital's tender offer for shares in Blue Owl and Starwood private credit funds found little investor appetite, as investors showed disinterest in obtaining liquidity at a steep discount amidst elevated redemptions in the private-credit sector.

A report suggests that private credit funds may not be safer than traditional banks, arguing that their returns can reflect clever accounting rather than genuine investment skill, potentially obscuring losses from investors.

The Blackstone Private Credit Fund is reportedly looking to sell high-grade bonds, signaling a move to raise capital.

The Swedish Riksbank is expressing concern over the rapid growth of private credit funds, warning about insufficient data and not ruling out the possibility of a new financial crisis.

Marc Rowan, CEO of Apollo Global, issued strong criticism towards lenders struggling to meet redemption requests in the private credit market, amidst growing fears in the sector.

Private credit direct lending funds experienced a record $19.5 billion in redemption requests during the first quarter, though only 53% of the requested cash, or $10.4 billion, was returned to investors.

The Blue Owl private credit fund has successfully raised $400 million through the bond market. This capital raise strengthens the fund's financial position.

Adams Street Partners has successfully raised $7.5 billion for its third private credit fund, indicating strong investor confidence in the private credit market.

Major investment groups, including Apollo, Ares, and Blackstone, faced redemption requests totaling $20 billion from private credit funds during the first quarter of 2026.

Morgan Stanley is reportedly planning to launch a new interval fund, which will primarily concentrate its investments on private credit. This move indicates the firm's strategic focus on expanding its offerings in the private credit market.

A Goldman Sachs private credit fund successfully navigated potential investor withdrawals, reporting redemptions of just under 5%, thereby avoiding a significant exodus of capital.

A private credit fund has experienced a significant request from investors to pull out their money, raising concerns about the stability of such funds.

KKR has implemented a cap on redemptions for one of its private credit funds.

Private credit funds that heavily lent to software companies during a buyout rush are now grappling with an 'AI recovery problem' as these tech businesses face disruption from artificial intelligence.

Apollo has capped withdrawals from its private credit fund after requests reached 11%, indicating liquidity management in the fund.

While some experts dismiss fears of a broad-based meltdown in private credit funds, advisors suggest that a degree of caution is reasonable given existing pockets of weakness.

Blackstone's $83 billion BCRED fund, identified as the world's largest private credit fund, is repacking its private credit loans into a new Collateralized Loan Obligation (CLO) to attract new investors.

Despite a souring sentiment in the private credit market, banks are reportedly leaning in to finance withdrawals from private-credit funds.

Morgan Stanley Limits Redemptions on Private Credit Fund  Bloomberg.com

Cliffwater's $33 billion private credit fund has seen redemptions climb to 14%, indicating significant outflows.

Cliffwater's $33 billion fund is reportedly experiencing withdrawals exceeding 7%, indicative of stress within the private credit market.

Secondary Buyers Eye Private-Credit Assets as Redemptions Mount  WSJ

Watch BlackRock $26 Billion Private Credit Fund Limits Withdrawals  Bloomberg.com

Goldman Sachs' private credit chief stated that gating mechanisms in private credit funds should be viewed as a feature rather than a flaw.

Blackstone's private credit fund has experienced record redemptions, indicating significant outflows from the fund.

Blackstone's flagship private credit fund has been hit by a record number of redemptions, indicating challenges in the private credit market.

Apollo Global Management's private credit fund has reportedly devalued its investment portfolio, attributing the markdown to a number of loans that have deteriorated in quality.

The FS KKR Private Credit Fund has reduced its dividend payout due to an increase in non-performing loans.

Boaz Weinstein Warns ‘Wheels Coming Off’ Private Credit Funds Bloomberg

Reports indicate that redemption requests from investors in KKR's private credit fund have slowed during the third quarter, signaling potential stabilization in liquidity pressures within the alternative asset management sector.

IFM Investors plans to allocate up to half of its $1 billion private credit fund to Asian markets, targeting favorable deal structures and untapped lending opportunities.

With nearly $15 billion in redemption requests backing up in private credit funds, investors are choosing to remain trapped in illiquid positions rather than accept steep discount offers for early exit.

A complex bankruptcy restructuring backed by private credit funds collapsed unexpectedly, resulting in significant losses as the company's debt burden proved unsustainable.

A mid-year fundamental update for 2026 indicates increasing leverage pressure within the private credit sector, primarily driven by acquisition activities.

Two private credit funds managed by Blue Owl Capital Inc. repurchased a combined $90 million of shares for the second consecutive quarter, aiming to stabilize the vehicles' value amidst sector turbulence.

Fundraising for Asian private credit has fallen to a 12-year low, with only five Asia-based funds closing in the first half of the year, as investors favor larger US managers amid bankruptcy fears.

According to a Financial Times report, UBS has advised certain clients to reduce their exposure to private credit, potentially triggering a wave of redemptions in funds. Despite this, the major bank maintains its commitment to the asset class.

Private credit funds are holding onto $14 billion in capital, trapped in a bid to outlast the current market storm, as reported by Bloomberg.

Blue Owl has been hit with $4.7 billion in redemption requests, contributing to over $22 billion in withdrawal requests across 20 private credit funds tracked by the FT in the second quarter, signaling a significant investor exodus.

Ares Management has launched a new private credit fund in Asia, aiming to capitalize on opportunities in the region's buyout market.

A flagship Ares private credit fund has capped withdrawals after experiencing a significant surge in redemption requests, with some reports indicating requests reached 14% of the fund's value.

Apollo has capped withdrawals from its private credit fund after requests approached 17%, indicating a significant volume of redemption demands from investors.

BlackRock's private credit fund has gated investors, honoring less than 40% of redemption requests, as the fund faces a surge in withdrawal demands. This move limits investors' ability to pull out their money.

The New York District Attorney's office is reportedly investigating discrepancies in valuations across various private credit funds.

A former UBS private credit fund has accused a law firm, Pillsbury Winthrop, of helping to defraud it of $145 million by allegedly providing fake financials to secure loans linked to Aspiration Partners.

Securitize has launched Hamilton Lane’s tokenized private credit fund, leveraging the TRON Blockchain for its operations.

Varde Partners is reportedly aiming to raise $1 billion for a new private credit fund focused on investments across Asia, signaling growing interest in the region's credit markets.

An unnamed asset manager has capped withdrawals from its private credit fund, prompting questions about potential implications for BlackRock investors and the broader market.

Federal prosecutors, specifically the DOJ, have launched an investigation into a BlackRock private-credit fund, focusing on its valuations and operations.

A bank group led by JPMorgan Chase has reined in a credit line to a troubled KKR private credit fund, known by its ticker FSK, as the fund continues to accumulate losses.

The BlackRock Private Credit Fund has cut its asset values by 5%, while Golub has gated redemptions after an 8.5% outflow, signaling distress in the private credit market.

A BlackRock Asia private credit fund is reportedly facing a significant test after a loan made in China turned sour, raising concerns about its performance.

A private credit fund is reportedly highlighting its strategy of achieving quick profits by purchasing debt at 65 cents on the dollar.

Brown University has significantly cut its investment in the Blue Owl private credit fund, reducing its stake by more than half.

Offer from Saba Capital to buy shares of private credit fund at 65 cents on the dollar fails to attract sellers

Private credit funds are reportedly attracting bargain hunters in the market due to their low costs. Investors are seeking opportunities in these funds amidst current economic conditions.

Blackstone's private credit fund has disclosed an increase in non-accruals as of its March 31 reporting period. This indicates a rise in loans where interest payments are no longer being recognized as income.

Major Wall Street banks have started trading derivatives linked to private credit funds, allowing investors to bet on the performance of these less liquid assets. This development marks a new phase in the financial market's engagement with private debt.

Private credit funds are experiencing increased pressure as banks engage in collateral swaps, impacting their operational environment.

Goldman Sachs' private credit fund is reportedly raising capital through a bond offering. The fund is selling a multi-part investment-grade bond, with reports indicating amounts ranging from $500 million to $750 million.

BlackRock's Asia Private Credit Fund has experienced a default from a borrower in China, signaling potential challenges in the region's credit market.

In the USA, panic is approaching. But Swedish pension savers are also exposed to shaky private credit funds. Several pension giants have invested many billions.

Carlyle Group has capped redemptions from its private credit funds after investors sought to withdraw a significant portion of their capital, reportedly around 16%.

A private credit fund managed by Goldman Sachs reportedly came close to experiencing a redemption crisis but narrowly managed to avoid it.

Morgan Stanley is moving forward with plans to launch a private credit fund, even as the broader market sees investors withdrawing from similar ventures.

Barings' private credit fund has imposed limits on withdrawals following a significant surge in redemption requests from investors.

Blue Owl's stock declined after the company announced it was capping withdrawals in two of its private credit funds.

Reports indicate that banks are now charging higher rates for loans extended to private credit funds.

Blue Owl's private credit fund successfully raised $20.7 million through a recent share sale, indicating investor interest in its offerings.

Oaktree Capital Management has announced its intention to fully meet 8.5% of private credit fund redemptions, signaling confidence in its liquidity amidst market conditions.

The Ares Private Credit Fund has reported its steepest monthly loss on record, indicating significant challenges in its recent performance.

Ares and Apollo have begun capping withdrawals from their private credit funds as a growing number of investors seek to exit, signaling increasing pressure in the private credit market.

Ares has implemented a cap on withdrawals from its private credit fund following a significant surge in redemption requests from investors.

The Apollo Private Credit Fund has become the latest to gate investors, while the KKR Fund was junked by Moody's, signaling ongoing fracturing within the private credit industry.

Apollo has capped investor withdrawals from its flagship private credit fund, a move that intensifies investor uncertainty as the impact of AI on the enterprise software industry becomes clearer.

Blackstone's private credit fund has reported its first monthly loss since 2022, marking a significant financial development for the fund.

Goldman Sachs Asset Management is reportedly looking to raise a substantial $10 billion private credit fund, signaling continued institutional interest in the sector.

JPMorgan Chase & Co (JPM) has reportedly begun tightening its private credit funds, indicating a shift in its lending policies within this sector.

Private credit funds are declining in value as investors divest their holdings.

Morgan Stanley restricts redemptions at private credit fund after withdrawals surge  Reuters

The CFO of KKR's publicly traded private credit fund stated that the fund's near-term returns are currently under pressure.

Ares Management is reportedly planning to launch its inaugural local currency private credit fund in Asia, signaling a strategic expansion into the region's direct lending market.

Private capital groups are undergoing a stress test as their shares plunge, forcing them to justify their portfolios. Concurrently, investors are abandoning private credit funds due to increasing concerns over bad loans, leading to steep discounts for publicly traded vehicles.

Blackstone president Jon Gray defended the quality of loans within the firm's flagship private credit fund.

Blackstone has announced an increase in investor payouts from its $82 billion private credit fund.

Blackstone's flagship private credit fund has been hit with a wave of redemptions, with investors pulling a net $1.7 billion out of the vehicle over the past month amid intensifying industry strains.

A private credit fund managed by KKR has reported a significant increase in troubled loans, leading to a 15% tumble in FS KKR shares and highlighting growing strains in debt extended to unlisted companies.

A private credit fund is selling $477 million of assets at 94% of their value, reflecting ongoing concerns within the industry.

Two investment funds are offering investors in a locked-up private credit fund an exit, but at a significant discount, highlighting a structural problem within private credit.

A private credit fund has suspended withdrawals, raising questions about its implications for the broader economy.

Major alternative asset managers Cliffwater and Blackstone have temporarily restricted investor withdrawal requests, highlighting tightening liquidity conditions within the private credit market.

Investors in Australian private credit funds are seeking reassurance following the collapse of property developer Bathla Group, raising concerns about the sector's heavy exposure to real estate.

Indian asset manager Modulus Alternatives has successfully secured more than Rs 300 crore in the first close of its third private credit fund, reflecting strong institutional demand for alternative debt strategies.

BlackRock Inc. is reportedly seeking buyers for all $671 million of loans held by its TCP Capital Corp. as the firm works to restructure the troubled private credit fund.

BlackRock has offloaded $523 million in loans as part of an effort to rescue a troubled private credit fund.

Blue Owl's private credit fundraising has fallen to its slowest pace in three years, with redemption requests weighing on its credit arm, though demand for data center investments helped bolster the group.

Blackstone has announced that the pace of withdrawals from its flagship private credit fund is decelerating. This follows a period earlier in the year where investor concerns over potential losses led to a significant increase in customers seeking to pull out money.

UBS advised some of its clients to reduce their exposure to a Blue Owl private credit fund, a fund that the bank itself had been instrumental in establishing, leading to an exodus of investors.

Blue Owl stock has risen as two of its private credit funds reported a decline in withdrawal requests during the second quarter. This trend suggests a potential stabilization or increased investor confidence in the private credit market.

The head of BlackRock Inc.'s private credit fund is leaving the firm following months of losses from troubled loans and a US regulatory investigation into the unit's valuation practices.

Blackstone's private credit fund has limited redemptions, with the company stating this is an intended 'feature' of the fund's structure rather than a problem.

The Ares Private Credit Fund has capped redemptions after approximately 14% of its investors sought to exit the fund. This move indicates significant investor demand for withdrawals from the private credit vehicle.

Morgan Stanley has capped its private credit fund after receiving redemption requests totaling 11.6% of its assets, indicating investor concerns or liquidity management.

Apollo has once again capped its private credit fund after receiving requests from 17% of investors to exit the fund.

BlackRock's two private credit funds have imposed limits on withdrawals after redemption requests exceeded their 5% cap, indicating significant investor activity.

The CEO of Ares has stated that the majority of withdrawals from its private credit fund originated from outside the United States, indicating a geographical pattern in investor behavior.

Monroe Capital has implemented a 5% redemption cap on its private credit fund, a move that impacts investors seeking to withdraw funds.

Blackstone's private credit fund, BCRED, has joined other private credit funds in limiting investor redemptions, signaling potential liquidity concerns within the sector.

A private credit fund jointly managed by Future Standard and KKR & Co. has sold $900 million of junk bonds, marking a rare high-yield offering by a publicly traded credit fund.

Evoke Entertainment has successfully closed a senior secured production financing facility of up to $35 million, backed by a major private credit fund.

Indian financial firm 360 ONE is aiming to raise up to $500 million for its private credit fund, according to Bloomberg.

US federal prosecutors have initiated an investigation into a private credit fund managed by BlackRock. The probe scrutinizes the fund's operations and practices.

HSBC has reportedly paused its planned $4 billion allocation to internal private credit funds. This decision marks a significant shift in the bank's investment strategy.

Apollo Global Management is reportedly in discussions to sell a private credit fund valued at $3 billion.

Investor Jeffrey Gundlach has issued a warning that investors in private credit funds are likely to lose money as business development companies (BDCs) begin to slash asset values. This comes amidst reports of significant losses in major deals.

The negative sentiment surrounding private credit funds has impacted both high-quality and weaker Business Development Companies (BDCs), but the article argues this is a reason to consider BDCs rather than avoid them.

Brown University has significantly reduced its stake in the Blue Owl Private Credit Fund, indicating a shift in its investment portfolio.

Weinstein's Saba Capital is reportedly planning to raise $1 billion to acquire souring private credit funds.

Investment firms KKR and Capital Group are partnering to establish a new public-private credit fund specifically targeting opportunities in the Asian market.

Private credit funds are experiencing strain as bond investors and banks demand higher premiums on new financing, reflecting increased caution in lending.

Flow Capital has announced the launch of a $150 million private credit fund, leveraging blockchain technology for its operations and management.

Goldman Sachs President John Waldron has warned that private credit funds are not being marketed properly, despite expectations that the sector will continue to attract capital. This highlights concerns about transparency and investor understanding in the growing private credit market.

A TCW Private Credit Fund has drastically cut the equity value of restaurant chain Red Lobster by 98%, signaling significant financial distress for the company.

The Blue Owl Private Credit Fund has successfully raised $400 million through the bond market. This funding initiative aims to bolster the fund's financial capacity.

Private credit funds operating outside the United States are increasingly highlighting their non-American identity to differentiate themselves in the global financial market. This strategy aims to attract a diverse investor base.

Blackstone has successfully closed a $10 billion private credit fund, a move that comes amidst broader turmoil within the financial industry.

Sumitomo Mitsui Financial Group and Nippon Life Insurance are reportedly considering a joint ¥500 billion private credit fund. This initiative aims to capitalize on growing opportunities in the private credit market.

Churchill Asset Management reports a growing trend of redemption requests from private credit funds, which is contributing to a slowdown in their growth.

JPMorgan has filed for a new private credit fund that will allow for 7.5% redemptions, signaling a new offering in the private credit market.

A report suggests that the private credit market is facing significant liquidity challenges with 'exit doors' effectively locked, as a hedge fund indicates that private credit fund bonds were already flagging risks prior to recent redemptions, raising concerns about investor access to funds.

Apollo's private-credit fund has continued to limit investor redemptions, honoring less than half of requests, a move also seen by Ares. This ongoing restriction on withdrawals has led to a decline in the stocks of both Ares and Apollo, intensifying investor uncertainty in the private credit market.

An Apollo private credit fund has imposed limits on investor withdrawals following a significant surge in redemption requests.

Apollo's semi-retail private credit fund has halted redemptions after investors requested to withdraw 11.2% of outstanding shares, leading the firm to gate requests at 5% and pay out only $730 million of the over $1.5 billion requested.

Blackstone's flagship private credit fund, the world's largest, has recorded its first monthly loss since 2022, following a barrage of negative news surrounding the private credit space, including a surge in redemptions and investor gating.

The potential collapse of private credit funds raises questions about whether President Trump's anti-Wall Street supporters would back financial bailouts, posing a significant test for their political stance.

S&P has downgraded the outlook for the Cliffwater Private Credit Fund to Negative, signaling concerns about its future performance.

Morgan Stanley and Cliffwater have imposed limits on redemptions from private credit funds, signaling potential liquidity challenges in the sector.

The Cliffwater private credit fund has reportedly received redemption requests totaling 14% of its assets, indicating a notable outflow of investor capital.

Cliffwater's $33 billion private credit fund is projected to experience redemptions exceeding 7%, indicating a notable outflow of capital.

Cliffwater’s $33 Billion Private Credit Fund to See 7%-Plus Redemptions  Bloomberg.com

Decision taken after withdrawal requests at flagship HPS Corporate Lending Fund surged to 9.3% of net asset value

Senior staff at Blackstone have reportedly invested their own money into the company's flagship private credit fund, which is currently facing significant pressure.

Blackstone's flagship private credit fund has been hit by a surge in withdrawals, following earlier reports that the firm had downplayed private-credit risks.

Fears mount that outflows may soon overwhelm inflows to some of largest players

Business development company FSK’s latest filings offer a look at unravelling buyout deals

Blackstone's private credit fund is marketing a bond offering amidst volatility in the software sector.

Blue Owl Capital's stock rose after the company tightened withdrawal rules at one of its private credit funds.

Investors are expressing worries about a specific Blue Owl private credit fund, prompting analysis into the implications of these concerns for the broader market.

Blue Owl has stopped redemptions at its private credit fund, which targets retail investors, following a previous halt at a similar fund.