Software provider Medallia is one of the higher-profile problems in the private credit markets and two firms have the most exposure to it.
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Private credit funds lent a lot of money to software companies at the beginning of the decade when they were being snapped up in a rush of expensive buyout deals. Now many of these tech businesses are ...
Serious, but not systemic. That is how to think of the impact on the economy of the ructions in the private-credit market.
Some developing country governments spend years making the reforms that international financial institutions want—only to find that their efforts are not rewarded. They may make budgets more ...
Key actors are beginning to ask what the system of sovereign debt as a whole needs to provide. Photo by Lionel Bonaventure/AFP via Getty Images Some developing country governments spend years making ...
Private credit is a $450 billion market that has grown exponentially in recent years, as investors have been chasing high returns. Now, though, a whole raft of problems have developed — from an ...
Valued at approximately $3 trillion, the private credit industry is showing signs of distress as investors rush to withdraw their money from their funds. Much of this shift is attributed to outside ...
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When GLP-1 weight-loss drugs started showing real efficacy, the market sold off snack-food companies as if the world were going to suddenly stop binging on cookies. The long-term implications may ...