This Asset Manager Could Be Building Back Trust in Private Credit
Why we like Blackstone stock, with a few reservations.
Private Markets
More on Private Markets
Jamie Hopkins and Bonnie Treichel: Why You Can’t Set and Forget a Retirement Plan
Two retirement specialists discuss best practices in retirement-income planning, harnessing mental accounting for the good, and the role of annuities and alternative assets in defined-contribution plans.
Blackstone Private Credit Aims to Calm Investor Jitters
Meeting all its redemption requests shows ingenuity amid broader private credit trends that could spell trouble.
When It Comes to Private Credit, Investors Are Not Getting Paid Enough for Downgrade and Default Risk
How Blue Owl’s saga is sending private credit fears soaring.
Should You Invest in Semiliquid Funds? It Depends on Your ‘Why’
Here’s what investors should consider before adding private market strategies to their portfolios.
5 Stocks to Buy Before They’re Not Undervalued Anymore
Plus, whether Nvidia is a buy after earnings.
Private Markets Are Opening Up, but Will Individual Investors Pay the Price?
Why private markets can fall into investors’ ‘too-hard pile,’ key questions to ask about evergreen funds, and whether the return is worth the risk.
Smart Investor: Undervalued Earnings Crushers, AI’s Threat to Moats, and ChatGPT Put to the Test
We wrap up our coverage of the markets and the week.
An ETF Faces a Liquidity Crunch of Its Own Making
The problems at ERShares Private-Public Crossover ETF appear to have deepened.
What Is Blue Owl?
The firm’s oversight of some of its private credit funds has drawn scrutiny and highlighted concerns for individual investors.
Why AI Worries About Software Are Hitting Private Credit
After the pandemic, software companies became a favorite among private market lenders.
Hilary Wiek: Perspective on Private Markets
PitchBook’s principal fund strategies analyst provides a lesson in the parlance of private markets as they open to a broader spectrum of investors.
How Semiliquid Managers Can Hide Fees
Incentive fees are occasionally disclosed but continuously collected.
Bank Stocks Fall on Macro and Private Credit Concerns
We see US banks as well capitalized but the sector is roughly fairly valued.
Lessons From a Private Markets Bust: Why This ETF’s Investors Missed Out on SpaceX Gains
SpaceX’s valuation has soared, yet ERShares Private-Public Crossover ETF’s investors have seen little benefit.
Blue Owl Offers a Harsh Lesson for Semiliquid Fund Investors
Analyzing the saga of this private credit BDC.
Blue Owl Disclosure Drives Down Share Prices of Alternative Asset Managers
This is a warning sign for the industry and the rule makers about the downside of illiquid funds.
Private Credit Quality Continues to Weaken
Downgrades dominate and defaults are rising, according to Morningstar DBRS data.
Why Alts Manager Stocks Are Getting Hit Hard
Jitters about private credit markets are among the reasons that Blackstone, Apollo, and others are seeing their stocks post big declines.
Private Fund Gains Might All Be Artificial—and AI Has Nothing to Do With It
How NAV can be manipulated to make gains in secondary funds, and why investors should be cautious of managers marking their fund’s value instead of the market.
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