Apollo Global Management Inc.’s John Zito said the turmoil facing private credit could endure well into next year, but downplayed the idea that the wave of withdrawals in some funds are a problem.
The retail investor-oriented fund saw $1.7 billion in net outflows amid growing concern over the non-bank lending sector.
From Blue Owl Capital Inc. to Blackstone Inc., private credit funds across the industry are facing a wave of withdrawals and analysts are warning default rates could soar if AI disrupts corporate ...
Recent private credit hiccups may be part of a broader industry shakeout, Apollo CEO Marc Rowan said on Tuesday.
Ares Management CEO Michael Arougheti says the outbreak of war in the Middle East hasn't changed his investment expectations ...
The CBS comedy pilot “Eternally Yours” is rounding out its cast with three new additions.
CBS is rounding out its series regular cast for its single-cam comedy pilot, Eternally Yours, with Rose Abdoo (Hacks), ...
German fund manager Union Investment sold the property in the Fitzrovia neighborhood for approximately £160 million.
The $2 trillion private credit industry, which has expanded over the past decade from financing leveraged buyouts to areas ...
The private credit market is facing a test of confidence over concerns that the software sector will be upended by AI.
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