Research & Data

ILPA: Retail vehicles could fundamentally affect GP-LP alignment, industry’s long-term health

Growth in the retail space could come to the detriment of traditional LPs and their investment interests, says the Institutional Limited Partners Association.

Apparent ABF fraud hits BlackRock’s HPS

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.

Auto lending takes another hit: PrimaLend

Chapter 11 filing comes the day after Bank of England Governor discusses US auto loans with the House of Lords.

The bankruptcy blame game

Signs of credit stress are emerging, but there are different views over its relevance for the private debt market.

Blackstone Credit & Insurance helps power Q3 earnings

Blackstone execs do not see recent defaults as ominous for the traditional private credit market and say they are issues for the banks, as noted on the earnings call.

Conference agrees that ABS fundamentals remain strong

Miami confab sees insurance demand, excess cash, containing spread widening.

Brookfield’s Oaktree deal shows real estate private credit growth potential

The New York-based manager is aiming for growth – and the real estate credit capabilities of Oaktree are critical to that initiative.

First Brands Group bankruptcy: Two rating firms say ‘don’t panic’

CLO structures act as a firebreak by limiting concentrations of assets from any one obligor, Moody’s says

LA pension CIO confident in private credit despite potential froth

As the $87bn California pension approves change to remove a cap on manager names in the portfolio, CIO Jonathan Grabel says the system doesn’t have unique concern about credit market.