Red flags are emerging in parts of the $1.7 trillion private credit market with an expectation for more private fund and business development companies to face increasing performance challenges, while ...

Without intervention from Congress, Social Security’s combined trust fund reserves are projected to hit depletion in 2035, one year later than previously predicted, according to the Social Security ...

J.P. Morgan disclosed the data breach in a regulatory filing with the Office of the Maine Attorney General on April 29. It reported that a software issue in a vendor-provided system allowed three ...

Siemens Investor Plan, Manchester, England transferred £1.6 billion ($2 billion) to a master trust provided by Standard Life, ...

U.S. leverage loan activity totaled $395 billion for the first four months of the year. That’s larger than all of 2023, when volume was $377.6 billion. Refinancings and repricings, at $122.2 billion ...

Philip Sherrill has joined Blackstone as global head of insurance. In this role, Sherrill will focus on growing the firm’s insurance platform globally, said a May 7 release. Blackstone’s insurance ...

Wellington began to build out the private credit business with a “building blocks approach,” starting with a 2023 investment-grade private placement fund for insurers, according to Emily Bannister, ...

China tightened rules for hedge funds, raising the minimum-asset threshold of the 5.5 trillion yuan ($762 billion) industry while imposing restrictions on the use of derivatives and leverage.

Ramzi Moubarak has joined Vision Ridge Partners, a global sustainable real assets investor, as a managing director and head of Europe. Based in London, Moubarak will be responsible for sourcing and ...

Lesley Lo was appointed as head of institutional distribution for Asia-Pacific at M&G Investments, based in Hong Kong, the $437.9 billion asset manager said in a statement on May 6.

Clare Zhao was named as head of institutional business for Asia-Pacific, head of China business and head of exchange-traded fund business at Value Partners Group, a spokesperson confirmed. The ...

TCW Group and PNC Financial Services Group will partner to provide private credit to middle-market companies, according to a ...