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Publicly traded vehicles are trading at steep discounts in gloomy sign for broader industry
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Lending troubles at Blue Owl Capital and other so-called private credit behemoths are setting off fears of a "bank run," as one hedge fund put it.
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Blackstone president Jon Gray defended the quality of loans within the firm's flagship private credit fund.
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 After years of waiting and watching from afar, hedge fund Fir Tree Partners is spending $410 million from its dislocation funds on stocks, pockets of the credit market and other securities, sure the...
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