Shares of stocks with significant private credit market exposure were diving on fears about exposure to the industries being ...
Blue Owl Capital, which has the most exposure to private credit among the leading alt managers, dropped 10.5% to $12.05.
Concerns about defaults, particularly among software companies, have spooked investors in the private credit firms that lend ...
Apollo Global Management Inc. took a loss on a portion of a $170 million asset-backed financing for Amazon brand aggregator Perch that was written off to zero, a rare stumble for a strategy touted as ...
Warren Buffett has a great line on how hard it is to pick winners when major industrial change is afoot. “What you really should have done in 1905 or so, when you saw what was going to happen with the ...
Stocks of private-fund managers fell sharply Tuesday on concerns that the advent of artificial intelligence will tank their investments in software companies. Ares Management and Blue Owl Capital ...
In the course of nearly 30 years of collecting data about consumer spending patterns, Experian plc has amassed detailed information on more than 1 billion people and 25 million U.S. businesses. As one ...
Progress Software announced the establishment of a new $1.5 billion revolving credit facility, significantly increasing its previous credit line from $900 million and extending the maturity date to ...
A Goldman Sachs basket of US software stocks sank 6% on Tuesday, its biggest one-day decline since April’s tariff-fueled selloff, as a new AI automation tool from Anthropic PBC heightened concerns ...
Progress Software (NASDAQ:PRGS) has entered into a Fifth Amended and Restated Credit Agreement, which, among other things, increased the company’s revolving credit facility from $900 million to $1.5 ...