The lawsuit against founder and former CEO Patrick James comes after new management discovered First Brands’ accounts had just $12m in cash.
3 min read · 06 November 2025
The world’s largest asset manager and its recently acquired private credit business are among the victims of the alleged fraud by entities now in bankruptcy.
4 min read · 03 November 2025
Miami confab sees insurance demand, excess cash, containing spread widening.
2 min read · 27 October 2025
The asset class’s growth, alongside spread compression and heightened competition have it approaching bubble status.
3 min read · 06 October 2025
A number of private credit firms have exposure to the latest instance of trouble in the auto and auto-parts industries.
3 min read · 02 October 2025
Report finds unitranche activity up by 12% in the region, albeit with ‘modest’ declines in private credit yields.
2 min read · 28 August 2025
The proliferation of covenant-light loans is driving competition among lenders, a recent report says. A Houlihan Lokey executive breaks down the consequences.
3 min read · 19 August 2025
The fund manager sees opportunities in a lending space still dominated by banks.
2 min read · 13 August 2025
Widening spreads make the product attractive, key executive says.
2 min read · 07 August 2025
Manager argues that a weak dollar and attacks on the Federal Reserve enhance emerging-market opportunities.
2 min read · 18 July 2025