Blackstone swoops on Senior in £1.3bn aerospace supply chain play Tech Manufacturing giant Senior has agreed to a £1.3bn takeover by a consortium backed by Blackstone and Tinicum, marking the latest London-listed industrial firm to be taken private as overseas buyers target UK assets. The recommended all-cash offer values the FTSE 250 engineer at £1.28bn, with an implied enterprise value of roughly £1.4bn, the companies told [...]
Goldman Sachs flagship private credit fund bucks industry sell-off Alternate Investments Goldman Sachs’ flagship private credit fund has said investors looked to pull less than five per cent of their holdings in the first three months of this year, dodging an industry-wide redemptions wave that has forced some rivals to gate their funds. The investment bank’s direct lending arm, which functions like a private equity fund [...]
Blue Owl caps private credit redemptions after investors try to pull $5.4bn Regulation Investors in Blue Owl’s multi-billion dollar private credit fund have asked to withdraw around a fifth of their money in another dramatic escalation of jitters across Wall Street and the financial ecosystem. The asset manager’s flagship $36bn fund saw redemption requests hit 21.9 per cent of outstanding shares in the first quarter, while its tech-focused [...]
Wall Street private credit fears grow as Apollo blocks withdrawals March 24, 2026 Wall Street’s private credit crisis has spread further as further asset management giants blocked withdrawals from flagship funds. Apollo Global Management became the latest shadow bank to cap redemptions from one its biggest private credit funds after investors tried to pull $1.6bn (£1.1bn) over the last three months, as investor worries over the $3 trillion [...]
Why are investors rushing to get out of private credit? March 19, 2026 The private credit industry has been thrown into chaos over the last few months, as powerhouse firms continue to deal with a rise in investors seeking to withdraw their money. A number of debt funds managed by firms agreed to lift redemption requests after mounting pressure from customers, and the pressure is not expected to [...]
JP Morgan marks down private credit loans amid AI jitters March 11, 2026 JP Morgan has marked down the value of specific loans held by private-credit groups, tightening its grip on the sector as boss Jamie Dimon warns of a looming AI reckoning. The bank’s move specifically targets software companies, which it now views as highly vulnerable to being replaced by artificial intelligence. By devaluing these assets, JP [...]
Blackrock fund limits withdrawals amid private credit fears March 7, 2026 The world’s largest asset manager BlackRock has limited withdrawals from a flagship debt fund after a surge in redemption requests, as investors worries on the private credit industry grow. Blackrock’s shares tumbled 7.1 per cent on Friday following the announcement, closing at $955.45 (£713.37), amid a broader market sell off after worse than anticipated US [...]
Blackstone’s private credit fund hands investors record redemptions March 3, 2026 The world’s largest alternative asset manager is allowing investors to pull a record amount of cash from its flagship private credit fund as anxiety continues to ripple through the trillion-dollar industry. Blackstone will permit investors to redeem 7.9 per cent of shares from the fund – the equivalent to a whopping $3.8bn. The financial giant [...]
Bank of England launches groundbreaking private credit stress test December 4, 2025 The Bank of England has launched its first ever stress test of the fast-growing private credit industry, in a bid to establish how the opaque sector would respond to a range of economic and financial shocks. The undertaking, called a ‘system-wide exploratory scenario exercise (SWES)’, will work with some of the industry’s biggest players to [...]
Exclusive: Goldman Sachs, Oaktree and Carlyle to take part in private credit stress test December 3, 2025 Goldman Sachs, Oaktree and Carlyle will take part in the Bank of England’s inaugural stress test of the burgeoning private credit sector this week, City AM can reveal. Britain’s central bank is poised to carry out its first ever “system-wide exploratory scenario exercise” of so-called shadow banks in the coming weeks, in a bid to [...]