Blackstone Group’s flagship private credit fund suffered its first monthly loss in more than three years, a clear sign of the weakening performance in the $1.8 trillion market. According to its official website, the $83 billion BCRED fund declined by 0.4% in February, marking its first monthly drop since September 2022. The website also shows […]
Under a new proposal from the Trump administration, these changes could make it easier for 401(k) plans to include private credit, private equity, cryptocurrencies and real estate investments. The Department of Labor’s plan is currently seeking public comment and aims to ease the threat of class-action lawsuits that have deterred some employers from increasing alternative […]
The largest oil supply shock in history has persisted for a month. Oil prices have soared, and global economic growth expectations have been revised downward. From Thailand to Pakistan, oil shortages have emerged across Asia. But the energy industry warns that this crisis has only just begun. Many industry executives draw parallels between this crisis […]
JPMorgan Chase plans to launch a new fund that invests in private credit, allowing investors to redeem 7.5% of the returns every quarter and potentially offering monthly withdrawal services. Currently, the $1.8 trillion private credit market is facing an unprecedented liquidity crunch. JPMorgan’s Public and Private Credit Fund (a closed-end fund) stated in its prospectus […]
A private credit fund managed by Ares Management Corp. recorded its largest monthly loss ever in February, further evidence that the $1.8 trillion private credit market is deteriorating. According to data calculated by Bloomberg based on the fund’s regulatory filings, the non-listed business development company Ares Strategic Income Fund, established in December 2022, lost 0.68% […]
According to Barclays, during times of turmoil and surging oil prices, global investors typically view the US dollar as a stabilizing force. However, the current administration’s erratic mood and the unstable tech industry have put pressure on the dollar’s rise. The Bloomberg dollar index has risen by nearly 2% since the United States and Israel […]
Ostap Goolsbee, president of the Federal Reserve Bank of Chicago, said that he could foresee the possibility that the US central bank might need to raise interest rates or resume cutting them, depending on the course of the Middle East war. “If inflation behaves well, we might return to an environment of multiple rate cuts […]
In early 2026, China’s strong demand for silver pushed overseas silver purchases to their highest level in eight years, as importers met the surging industrial and investment demands. According to data released by China’s customs on Friday, as the world’s largest metal buyer, China imported over 790 tons of metals in the first two months […]
BlackRock wrote down the value of a private loan to zero by the end of 2025, having valued it at 100 cents just three months earlier. This marks the second sudden and significant loss for its private credit division in recent times. BlackRock TCP Capital’s fourth-quarter earnings report released last week revealed that a roughly […]
Federal Reserve Chair Jerome Powell made it clear that the Fed will not cut interest rates again until inflation starts to cool. And this doesn’t even take into account the possible impact of the war in the Middle East. At Wednesday’s press conference, Powell emphasized that it is still too early to assess the impact […]