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US asset managers fall as investors brace for updates on private credit fund withdrawals

US asset managers fall as investors brace for updates on private credit fund withdrawals

June 3 (Reuters) - Shares of U.S. alternative asset managers fell in premarket trading on Wednesday as investors braced for second-quarter updates on redemptions from non-traded private credit funds, after withdrawals spiked in the prior quarter as concerns rose about liquidity in the fast-growing
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U.S. Asset Managers Experience Decline Amid Private Credit Fund Withdrawal Concerns

U.S. Asset Managers Experience Decline Amid Private Credit Fund Withdrawal Concerns

U.S. Asset Managers Experience Decline Amid Private Credit Fund Withdrawal Concerns
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U.S. Asset Managers Face Challenges Amid Rising Private Credit Fund Withdrawals

U.S. Asset Managers Face Challenges Amid Rising Private Credit Fund Withdrawals

U.S. Asset Managers Face Challenges Amid Rising Private Credit Fund Withdrawals
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Wall Street eases as Middle East tensions escalate

Wall Street eases as Middle East tensions escalate

By Stephen Culp and Medha Singh NEW YORK, June 3 (Reuters) - Wall Street stocks pulled back from record highs on Wednesday as flaring tensions in the Middle East and rising crude prices stoked inflation jitters and convinced investors to take some profits.
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TransAlta to buy Blackstone-backed Colorado gas-fired plants for $1 billion

TransAlta to buy Blackstone-backed Colorado gas-fired plants for $1 billion

June 3 (Reuters) - Canadian power producer TransAlta Corp said on Wednesday it will acquire two natural gas-fired peaking facilities near Denver, Colorado, from Blackstone for about $1 billion, strengthening its presence in the Western U.S. power market.
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Partners Group Caps Fund Withdrawals, Impacting KKR and Blackstone Shares

Partners Group Caps Fund Withdrawals, Impacting KKR and Blackstone Shares

Partners Group Caps Fund Withdrawals, Impacting KKR and Blackstone Shares
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Cliffwater Limits Withdrawals Amid Rising Investor Caution in Private Credit Fund

Cliffwater Limits Withdrawals Amid Rising Investor Caution in Private Credit Fund

Cliffwater Limits Withdrawals Amid Rising Investor Caution in Private Credit Fund
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Gas engine maker Innio set for Nasdaq debut after upsized $2.43 billion IPO

Gas engine maker Innio set for Nasdaq debut after upsized $2.43 billion IPO

June 4 (Reuters) - Innio is set to make its U.S. market debut later on Thursday after strong investor interest helped the gas engine manufacturer raise $2.43 billion in an upsized initial public offering.
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Retail investors fuel record buying in US software ETF as AI trade broadens

Retail investors fuel record buying in US software ETF as AI trade broadens

June 2 (Reuters) - The largest exchange-traded fund (ETF) tracking U.S. software stocks clocked the biggest single-day buy-in by retail investors on record on Monday, data from Vanda Research showed.
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SpaceX negotiating underwriting fees under 0.75% for IPO, Bloomberg News reports

SpaceX negotiating underwriting fees under 0.75% for IPO, Bloomberg News reports

June 2 (Reuters) - Elon Musk's SpaceX is negotiating with banks underwriting its initial public offering to pay fees of less than 0.75% on the roughly $75 billion it aims to raise this month, Bloomberg News reported on Tuesday.
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John Delaney's Forbright targets $994 million valuation in US IPO

John Delaney's Forbright targets $994 million valuation in US IPO

By Arasu Kannagi Basil June 2 (Reuters) - Forbright, founded by former U.S. Representative John Delaney, is targeting a valuation of up to $993.8 million in its U.S. initial public offering, as a strong run of ‌new listings by U.S. banks extends into 2026.
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Private credit lent $560 billion to US businesses since 2023, MFA report shows

Private credit lent $560 billion to US businesses since 2023, MFA report shows

June 1 (Reuters) - Private credit funds provided nearly $560 billion in new loans to U.S. businesses over the last three years, helping create more than 6.5 million jobs, according to a Managed Funds Association report seen by Reuters.