Earnings

But growth in insurance inflows helped boost total credit inflows to $33bn, nearly 50% of the firm’s total.

Octaura, a trading platform, aims to address worrisome inefficiencies in syndicated loans markets and CLOs through its new ‘Insights Platform’.

But cap raises at the top five perpetual life BDCs declined 50% year-on-year and profitability is pressured.

Blackstone, facing 10% redemption requests, adds to the recent spate of redemption limits from BDCs as outflows rise.

Although AI disruption and other threats remain increasingly relevant, Houlihan Lokey data shows resilient portfolio dynamics.

Both BDCs will retain their investment-grade ratings despite the pessimistic near-term outlook.

JPMorgan cuts exposure to the publicly traded BDC after downgrades and stock price dive.

The strategy that sits between debt and equity is seeing increasing demand from investors.

CEO Marc Rowan says the totality of the firm’s credit business will be ‘100% daily pricing’.