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  • 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 [...]

    Goldman Sach bosses said that US stocks were increasingly less preferable than those in the UK and Europe.
  • 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 [...]

    Private Credit
  • Bank of England rebuffs calls to speed up ‘shadow banking’ stress test

    Regulation

    The Bank of England has rejected calls to speed up its inaugural stress test of the private credit industry, despite growing fears that a downturn in so-called shadow banking may pose a systemic threat to the global financial system. In a letter to the House of Lords’ Financial Services and Regulation Committee seen by City [...]

    The Bank of England is expected to hold interest rates at four per cent due to stubbornly high inflation.
  • 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 [...]

  • AI bubble tensions flare after Wall Street’s £750bn hit

    November 10, 2025

    The bubbling market tensions continued to simmer on Monday as Wall Street sprung back to life after a week of AI jitters and tech nerves. US markets were coming off a week where AI-related firms lost over £750bn in market value led by a £350bn plunge in chipmaker Nvidia, which lost nearly ten per cent [...]

  • Another US lender tumbles as credit jitters accelerate

    October 24, 2025

    Another mid-sized lender filed for bankruptcy in the US, highlighting the growing strain in American credit markets which Andrew Bailey has likened to the subprime crisis that foreshadowed the Great Financial Crisis (GFC). Primalend, a Texan provider of subprime financing to car dealerships, said in a filing on Wednesday that it had collapsed after months [...]

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