Earnings

Moodys shifts outlook of Blackstone, Golub public BDCs to negative

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

Woes continue at FS KKR: Enhancement actions announced

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

Apollo beats target on a hybrid fund with $6.5bn close

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

Apollo breaks $1trn AUM and moves to report daily pricing for credit

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

Ares brushes off negative sentiment in Q1 earnings

CEO Michael Arougheti expressed confidence for future dealmaking as the effects of the Iran war normalise.

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.

Blackstone posts earnings rise and shrugs off SaaSpocalypse talk

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

Apollo inks wealth deal with Schroders, posts $5.9bn earnings

Partnership to focus on hybrid, public/private and debt investing. Apollo sees strong growth in earnings from fees and spreads.