Breaking News

Trade groups dispute antitrust label on creditor co-operation agreements

The groups have submitted an amicus brief saying creditor-on-creditor co-operation is not an illegal cartel and requested that a suit be dismissed.

Blue Owl seeks to reassure investors following Q1 earnings

Co-CEO Marc Lipschultz pushes back on the ‘panic’ narrative, saying it is driven by sentiment, not fundamentals.

Saba Capital to expand second-hand liquidity platform for BDCs, interval funds

The hedge fund and activist investor says it will target public and private BDCs at 30% or more discounts to NAV.

Blackstone posts earnings rise and shrugs off SaaSpocalypse talk

Private credit returns declined in Q1, but executives blame ‘naysayers’ not fundamentals.

StepStone Group closes $1.58bn credit opportunities fund

The firm’s Credit Opportunities Fund II collected more than double its target and will primarily invest in secondaries and co-investments

Comvest Partners raises $2.63bn for flagship credit strategy

The closing of Comvest Credit Partners VII exceeded its target fundraise of $2.5bn

Carlyle interval fund limits outflows after 15.7% of assets requested for redemption

The firm said that redemptions were not motivated by fundamentals, but by a broader trend of investors seeking liquidity from funds elsewhere.

Ares names new Asia credit head

An ex-Goldman Sachs executive will succeed Edwin Wong, with new co-heads for the Asia special situations strategy also in place.

US regulators aim sights on private debt risk as insurance interest grows

Talks between domestic and international regulators will begin in April and continue throughout the summer.