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Private credit

  • Tuesday, 4 November, 2025
    UBS chair warns of ‘looming systemic risk’ from private credit ratings

    Colm Kelleher says insurers are shopping for grades as banks did before 2008 financial crisis

    Colm Kelleher sits in front of a large screen displaying summit information at the Global Financial Leaders' Investment Summit.
  • Wednesday, 29 October, 2025
    Brooke Masters
    Deregulation will pour extra fuel on the private credit bonfire

    The Trump administration’s looser rules could breed more ‘cockroaches’ in the lending market

    A scene from ‘The Big Short’, depicting finance professionals arguing across a desk in an office
  • Wednesday, 29 October, 2025
    Behind the Money podcast27 min listen
    $12bn of debt: How First Brands Group collapsed

    The fiasco has captured the attention of regulators, eager to learn whether the US car parts supplier was a one-off or a symptom of a more systemic malaise

  • Monday, 27 October, 2025
    Blackstone Group LP
    Blackstone hires Apollo’s European buyout boss

    Michele Rabà to take over in April from Lionel Assant, who will focus on co-chief investment officer role

    Blackstone’s headquarters in New York
  • Friday, 24 October, 2025
    UnhedgedHakyung Kim
    Oil sanctions: talk is cheap

    And alternative assets’ struggles

    Premium content
    Oil storage tanks at the RN-Tuapsinsky refinery, operated by Rosneft, are brightly lit at night with the city and port visible in the background.
  • Friday, 24 October, 2025
    What’s up with private credit ratings?

    Could this be a film we’ve seen before?

  • Friday, 24 October, 2025
    Due Diligence
    There’s more to life than private credit returns

    Plus, David Ellison (finally) forces Warner Bros to consider selling itself and European companies try to unseat SpaceX’s dominance

    Premium content
    Jonathan Gray speaks, gesturing with his hand, during an event
  • Thursday, 23 October, 2025
    Blackstone Group LP
    Blackstone says era of bumper private-credit returns has ended

    Comments by president Jonathan Gray come as private capital group reports better than expected results

    Jonathan Gray, wearing a suit and glasses, gestures with his hands while speaking.
  • Tuesday, 21 October, 2025
    Andrew Bailey warns ‘alarm bells’ ringing over private credit market

    BoE governor draws parallel with practices before 2008 financial crisis

    Andrew Bailey speaking with hands raised in discussion at the financial services regulation committee, with others seated behind him.
  • Monday, 13 October, 2025
    Insurance
    S&P warns on US insurers’ growing bet on private credit

    Rating agency says surging market’s opacity and illiquidity could pose risks to the industry

    S&P Global logo on an office building facade, with a green traffic light illuminated in the foreground.
  • Thursday, 9 October, 2025
    Financial & markets regulation
    UK monitors First Brands and Tricolor collapses for private credit risks

    Failures of two US companies reliant on asset-based lending prove ‘useful case studies’, Financial Conduct Authority says

    Close-up of a Chevrolet truck with a red Tricolor license plate in front of a Tricolor dealership sign.
  • Monday, 6 October, 2025
    Lex
    Private credit scepticism leaves rainmakers feeling blue

    Failures of indebted, hitherto-unregarded companies have focused investors’ minds on signs of strain in credit market

    Premium content
    Montage featuring the logos of Blue Owl Capital and Ares Capital overlaid on US dollar bills.
  • Wednesday, 1 October, 2025
    Japanese business & finance
    KKR prepares for private credit boom in Japan

    Rising interest rates and vast insurance assets seen as attractive, but US firm warns deals will take time

    Trading screens on the floor of the New York Stock Exchange display the KKR & Co. logo and stock information.
  • Monday, 29 September, 2025
    First Brands Group
    Welcome to the First Brands debt jungle

    ‘Lions and tigers and off-balance sheet factoring, oh my!’

  • Friday, 26 September, 2025
    First Brands Group
    Lifting the hood on First Brands’ super high-yield SPE debt

    Gradually, then suddenly: off-balance-sheet finance edition

  • Wednesday, 24 September, 2025
    UnhedgedRobert Armstrong
    First Brands and the private credit model

    Plus expensive visas

    Black and white dominoes falling in a row against a background split between light pink and dark blue.
  • Monday, 22 September, 2025
    Top private credit banker loses bid to throw out Barings lawsuit

    Firm is suing former employee Adam Wheeler for £6.3mn in London court case over alleged raid of its staff

    The front of the Royal Courts of Justice building in London, with people crossing the street and a black taxi in the foreground
  • Friday, 19 September, 2025
    ExplainerFT Alphaville
    Inside the big boom in ‘business development companies’

    Making loadsamoney out of private credit

  • Friday, 19 September, 2025
    Special ReportInnovative Lawyers: Europe
    Lawyers navigate Europe’s expanding private credit market

    The region’s multiple currencies, laws and regulations make deals more complex than for US counterparts

    The exterior of a modern office building with large windows and the word ‘TWENTY’ above the entrance. A person is walking towards the doors of the building.
  • Monday, 15 September, 2025
    News in-depth
    The niche debt tool at the heart of Apollo’s private credit machine

    How Apollo’s in-house insurer has raised capital to fund the group’s lending, without turning to policyholders

  • Thursday, 11 September, 2025
    LexFinancial services
    Car lender’s failure hints at what’s under the hood in private credit

    So-called asset-based lending is the linchpin of a revolution sweeping Wall Street

    Premium content
    Tricolor Auto dealership building with large windows and parked cars in front, including a silver and a black sedan
  • Sunday, 7 September, 2025
    Pensions
    US public pension funds pare allocations to private credit

    Pullback highlights concerns about looser underwriting standards and rising credit risks

    John Salstrom of the Cincinnati Retirement System sits at a desk in an office, looking towards the camera
  • Wednesday, 3 September, 2025
    M&G PLC
    Apollo considered M&G as takeover target

    Chief of FTSE 100 fund group says ‘there is no engagement’ with private capital groups

    A hand holding a smartphone displaying the M&G logo overlaid on images of solar panels and a wind turbine.
  • Sunday, 31 August, 2025
    News in-depth
    Wealthy Americans pour record sums into private credit funds

    Individual investors among the biggest sources of growth as institutional demand slows

    People relax and walk in a park in Hoboken with the sunset-lit lower Manhattan skyline and One World Trade Center in the background.
  • Monday, 18 August, 2025
    Phoenix Group Holdings PLC
    Phoenix debt deal kicks off Australian expansion drive

    Worley swoop signals start of Asia-Pacific push for UK’s biggest savings and retirements group

    Visitors by Sydney harbour overlooking the city’s skyline
Previous page1Next page

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