Private Credit Defaults Are 1%, 6% or 19%, Depending Who You Ask
Either private credit has a serious default problem, or barely one at all โ it all depends on whoโs counting.
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Either private credit has a serious default problem, or barely one at all โ it all depends on whoโs counting.
Blackstone Inc. is working through a backlog of investors whoโve asked to pull cash out of the firmโs flagship private credit fund and is confident the asset class will recover, President and Chief Operating Officer Jon Gray told Swiss newspaper NZZ.
Challenger Ltd., an Australian public and private credit markets investment manager, has thrown its support behind more disclosure for an industry facing heightened regulatory focus in the wake of Sydney property developer Bathla Groupโs collapse.
Apex Group CEO Peter Hughes joins Bloomberg Open Interest to explain why family offices need better access to quality private-market deals. He also makes the case that regulated tokenization could transform private credit, bringing 24/7 access, secondary-market liquidity and a potential end to traditional seven-to-10-year lockups. (Source: Bloomberg)