UBS helped trigger exodus from Blue Owl private credit fund

Stress and Strain from NBFIs to Banks

Do the recent stresses in the NBFI space—notably the bankruptcies of Tricolor and First Brands, and the decision of Blue Owl Capital Corp II

Partners Group hit by surge in withdrawal requests at second major fund

Increase raises possibility that exits from $16bn US fund could be blocked

Cliffwater flagship private credit fund hit with 17% redemption requests

Fund with net assets of $31bn aimed at retail investors limits withdrawals in latest sign of exodus from sector

Partners Group warns of further fund withdrawal caps as redemption surge spreads to private equity

Partners Group said it could cap capital withdrawals from more of its funds after a European gating sparked a private equity stock sell-off

The Influence and Limits of Central Bank Backstops

The Federal Reserve has deployed a wide array of emergency lending facilities in response to the economic crisis of the Covid-19 pandemic. B

'Banks opt to deepen card usage within existing base'