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The default rate among US private credit borrowers reached a record 6.3% in August, according to a report by Bloomberg citing data from Fitch Ratings, highlighting continued pressure on leveraged companies amid higher borrowing costs and subdued deal activity.
We haven't written up this one. Private Equity Wire has the full story — the link below goes straight to it.
Volumes in crypto markets have been so anemic that there's probably no money to be made and so crypto exchange operations aren't sustainable.
Volumes in crypto markets have been so anemic that there's probably no money to be made and so crypto exchange operations aren't sustainable.
AirAsia Group is seeking changes to the terms of a $200m private credit facility provided by Ares Management and Indies Capital Partners as the airline looks to improve the flow of payments to…
Multi-strategy hedge funds could face renewed pressure to expand their portfolio manager ranks as a surge in investor capital outpaces growth in industry headcount, according to a report by eFinancial…
Key PointsWarren Buffett has invested in this particular asset himself.
