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Boaz Weinstein warns of private credit’s 'financial alchemy,' says problems are multiplying by the quarter

Boaz Weinstein, founder of Saba Capital Management, said the problems in private credit are "multiplying by the quarter." Saba, alongside Cox Capital Management, launched a tender offer to purchase ...
CNBC

Wall Street braced for a private credit meltdown. The risk of one is rising

Private credit has surged in popularity since post-financial crisis regulations discouraged banks from serving riskier borrowers. JPMorgan Chase CEO Jamie Dimon warned after a pair of private ...
JD Supra

Fund Formation 101: Issues to Consider When Forming a Private Equity Fund - Part 1 Structuring

This is the first part of a multi-part series on fund formations and investments. Private equity funds are big business in Canada. According to PitchBook, there are almost 500 private equity funds in ...
Yahoo Finance

'Big Short' Legend Steve Eisman Says SoFi's Private Credit Problems Could Be 'Potentially A Disaster'

Steve Eisman, the fund manager from The Big Short, says a credit cycle is emerging and SoFi Technologies may be sitting at the center of it. “There is no doubt in my mind that a credit cycle is ...
Financial Advisor

Private Market Expansion Leads To New Opportunities, New Problems

The expansion of private market investments into the retail investor space has created new opportunities for evergreen funds, but it has also revealed problems managers have to contend with, according ...