From Dimon’s ‘cockroaches’ to the Blue Owl freeze: How stress is spreading in private credit
Private credit’s $3 trillion boom is facing its most serious test yet. A string of bankruptcies, fraud indictments and redemption freezes is exposing vulnerabilities in the fast-growing corner of finance that flourished in the post-2008 era of low rates and loose liquidity. “The ‘Golden Era’ of private credit just hit a wall. Blue Owl Capital … Read more