LATEST ARTICLES
More Bad News at KKR's Private Credit Fund
The fund announced several drastic measures to prop up its stock and return money to shareholders.
3 minute read
Apollo Global Is Raising Tons, and Defends Private Credit
With private credit under klieg lights, Apollo Global Management is telling investors not to heed negative headlines about that market.
4 minute read
Software Deals Drag on Alt Manager Earnings
Despite market turmoil, the alternative asset managers continue to do heavy fund-raising.
2 minute read
Ares: The Big Private-Credit Fund Is Riskier Than It Looks
Ares has attracted business by allowing borrowers to defer paying cash interest.
Long Read
Ares Management Stock Rises After Earnings. Institutions Still Love Private Credit.
The asset manager also raised its quarterly dividend by 20% to $1.35 a share.
2 minute read
Ares Capital Posts a Profit After Accounting Gain
Net investment income for the March quarter came to $398 million, or 55 cents a share.
2 minute read
For Private Credit, It’s Crunch Time. The Leading Funds Prep for Earnings.
Money has flowed out of the leading credit funds, and investors will be looking for indications that the flood is slowing.
Long Read
Blue Owl Bulls Dig In. They Say It Will Continue to Grow and Attract Capital.
Shares of Blue Owl are down by half since last summer on worries new artificial intelligence tools will hurt software company borrowers.
2 minute read
Robinhood Gets Good News From the SEC. Why the Stock Is Jumping.
A definitive end to the conflict in Iran would be good news for cryptocurrency traders.
3 minute read
This Startup’s Psoriasis Drug Studies Have Lifted Its Stock
Phase 1 studies showed that one shot of ORKA-001 lasted long enough to allow dosing twice-a-year—or even once-a-year.
2 minute read
This REIT Owns Trophy Hotels. Public Shareholders Say They Don’t Share in the Proceeds.
“The governance here is just abysmal,” one portfolio manager told Barron’s. “Is anybody looking out for the shareholders?”
Long Read
Why Private Credit Is Still Drawing Big, Fresh Money
Most of the private credit funds launched recently were in the works before affection cooled for the category.
3 minute read
Blue Owl Sees Large Uptick in Tender Requests
Blue Owl Capital stock is falling as investors look to move money out of its funds.
4 minute read
New Nasdaq Index Rules Are a Gift for IPO Flippers. Here’s Why.
Nasdaq’s new rules could fast track the entry of a newly public large company 15 days after its IPO.
Long Read
The First Criminal Trial in Alleged Russian Scheme that Snared Global Banks
Paris prosecutors alleged yesterday that 58-year-old Russian citizen Dmitry Klyuev masterminded a 2007 scheme that stole $230 million from Russia’s treasury.
3 minute read
Labor Dept. Rules Clear the Way for 401(k)s to Add Private Assets
Private asset managers such as Blackstone, Apollo Global Management, and KKR have long lobbied for access to the $14 trillion in 401(k) programs.
3 minute read
Investors in Private Credit Funds Are Fretting About One Type of Loan Payment
Many borrowers are paying loan interest with IOUs instead of cash, which could be a sign of cash-flow problems.
3 minute read
Ares Caps Redemptions as Private Credit Pressures Build
Ares Management has begun limiting withdrawals from its Strategic Income Fund as redemption requests rise across the private credit industry.
3 minute read
Apollo Limits Withdrawals From Private-Credit Fund
The latest private-debt fund to limit redemptions by its wealthy investors is the $25 billion Apollo Debt Solutions.
3 minute read
Private Credit ‘Spreads’ Are Narrowing. Outflows May Be a Good Thing
Less money is competing for a declining number of deals.
3 minute read
of 119 pages
