Blue Owl private credit valuations questioned by Glendon: FT

Glendon warns Blue Owl and peers may be understating private credit losses as redemptions are restricted and valuations ...

Private Credit Crunch: JPMorgan Limits Exposure, Morgan Stanley Fund Caps Redemptions

Shares of major private-credit lenders are down significantly this year: Apollo has lost 26%, KKR 31%, Blackstone 30%, and Ares 35%.
Spectrum News NY1

Hochul grants $1.5B to NYC, but still no new taxes, ahead of Mamdani's first city budget

Gov. Kathy Hochul is giving another $1.5 billion in state funding to New York City, one day before Mayor Zohran Mamdani is poised to unveil plans to balance his first city budget and less than a week ...
WHBL

Private credit funds slide as investors sell out

NEW YORK/LONDON, March 12 (Reuters) – Investment funds run by big financial firms such as KKR and Blue Owl have seen their stock prices slide in recent weeks as investors question the quality of the ...