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Private credit funds slash loan values as borrower stress rises

Private credit funds slash loan values as borrower stress rises

(Refiles to fix formatting issues, no changes to text) By Naomi Rovnick LONDON, May 12 (Reuters) - Private credit funds have marked down more than a tenth of their loans by at least 50%, new data from MSCI showed, as corporate borrowers in this $3.5 trillion market struggle with growing debt burdens
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KKR to plough $300 million into private credit fund as losses mount

KKR to plough $300 million into private credit fund as losses mount

May 11 (Reuters) - KKR will inject $300 million into struggling private credit fund FS KKR Capital, the fund said on Monday as it reported growing losses and a sharp drop in net asset value.
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JPMorgan Chase-Led Bank Group Reduces Credit Line to KKR Fund Amid Mounting Losses

JPMorgan Chase-Led Bank Group Reduces Credit Line to KKR Fund Amid Mounting Losses

JPMorgan Chase-Led Bank Group Reduces Credit Line to KKR Fund Amid Mounting Losses
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JPMorgan Chase Reduces Credit Line to KKR's Troubled Fund Amid Mounting Losses

JPMorgan Chase Reduces Credit Line to KKR's Troubled Fund Amid Mounting Losses

JPMorgan Chase Reduces Credit Line to KKR's Troubled Fund Amid Mounting Losses
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Private Equity Firms Face Slowing Retail Investor Demand Amid Market Caution

Private Equity Firms Face Slowing Retail Investor Demand Amid Market Caution

Private Equity Firms Face Slowing Retail Investor Demand Amid Market Caution
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Alphabet considers first yen bond sale to fund AI goals

Alphabet considers first yen bond sale to fund AI goals

TOKYO, May 11 (Reuters) - Alphabet plans to sell Japanese yen-denominated bonds for the first time, it disclosed in a filing on Monday, as technology giants tap debt markets to fund artificial intelligence infrastructure deployments. The Google parent did not disclose the size of the offering.
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Retail Investor Demand for Evergreen Private Equity Slows Amid Valuation Concerns

Retail Investor Demand for Evergreen Private Equity Slows Amid Valuation Concerns

Retail Investor Demand for Evergreen Private Equity Slows Amid Valuation Concerns
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Trading Day: AI beats Iran impasse

Trading Day: AI beats Iran impasse

By Jamie McGeever ORLANDO, Florida, May 11 (Reuters) - U.S. and world stocks touched new highs on Monday, as artificial intelligence fever continued to outweigh the prolonged U.S.-Iran impasse.
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Retail Investor Demand for Evergreen Private Equity Slows

Retail Investor Demand for Evergreen Private Equity Slows

Retail Investor Demand for Evergreen Private Equity Slows
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President Trump Invites Billionaire Delegation to China for Meeting with Xi Jinping Amid Tensions

President Trump Invites Billionaire Delegation to China for Meeting with Xi Jinping Amid Tensions

President Donald Trump has invited a group of billionaires, collectively worth an estimated $870 billion, to accompany him on a trip to China. This visit marks the first summit between Trump and Chinese President Xi Jinping during Trump's second term. The meeting comes at a time of heightened tensions between the U.S. and China, particularly concerning trade, the ongoing conflict in Iran, and the future of artificial intelligence. Notable figures expected to join Trump include Tesla's Elon Musk, Blackstone's Stephen Schwarzman, Apple's Tim Cook, and BlackRock's Larry Fink. The summit aims to address these tensions and explore potential cooperation in various sectors, including artificial intelligence.
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Apollo in talks to sell $3 billion private credit fund, WSJ reports

Apollo in talks to sell $3 billion private credit fund, WSJ reports

May 10 (Reuters) - Apollo Global Management has held talks to sell MidCap Financial Investment, its publicly listed business development company focused on private credit, the Wall Street Journal reported on Sunday, citing people familiar with the matter.
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Fitch Ratings Warns of Restrictive Funding for Thermal Coal Miners

Fitch Ratings Warns of Restrictive Funding for Thermal Coal Miners

Fitch Ratings Warns of Restrictive Funding for Thermal Coal Miners