Former Nascar driver Greg Biffle and his family are believed to have died when their Cessna Citation corporate jet crashed just minutes after taking off from a regional airport in North Carolina. “Although the post-crash fire prevents us from releasing a definitive list of the occupants at this time, it is believed that Mr. Gregory … Read more
The global private credit market currently has no systemic risks, while Asia offers the biggest growth opportunities, a senior Bain Capital private credit executive told Reuters. Concerns about weak lending standards in credit markets have resurfaced after the recent collapses of U.S. auto parts supplier First Brands and car dealership Tricolor, with investors focusing on … Read more
From global banks to alternative fund managers, more senior financiers are joining a growing chorus warning of cracks in private credit. TCW Group Inc.’s Chief Executive Officer Katie Koch told a forum in Hong Kong on Wednesday that she’s “very nervous” about parts of private credit. Tony Yoseloff, chief investment officer of Davidson Kempner Capital … Read more