Global funds retreat from Indian stocks as some cut exposure to zero - Bloomberg
Lagarde Joins France Election Debate at Normandy Rally, Feeding ECB Exit Talk
Data Centers May Soon Enter Catastrophe Bond Market
Major Security Operation in Ireland for Trump Visit
Saudi-led Strikes in Yemen Result in 82 Casualties Since September 3
Canada Gains Approval for Beef Imports from the Dominican Republic
Saudi Arabia shuts key oil pipeline after Houthi’s drone attack - Reuters
Banco Master Case Files Approved for Release in Brazil
U.S. Legislator Proposes Reevaluation of North Korea Travel Ban
Survey Reveals Over 30% of Unmarried Japanese Do Not Desire Children
Cocaine Worth €500,000 Seized at Dublin Airport
Why I, a non-billionaire, am not leaving the UK
Windshield megadeal could fix Europe’s broken IPO window
Nick Train’s trust offers buyback in bid to boost weak share price
S&P Report Highlights Saudi Arabia's Resilience Amid Middle East Conflicts
UBS sees Chinese carmakers reach 37% globally by 2030
India Wants to Buy Fewer Chinese Imports, but Keeps Needing More
US Tax Brackets to Increase by 3.2% in 2027
Riyadh Asserts Right to Protect National Security
Saudi Arabia Halts Retaliation Plans Following Iraq's Call for Restraint
S&P Projects Increase in Saudi Oil Production by 2027
U.S. links Chinese satellite imagery to deadly Iranian strike - WSJ
AstraZeneca's SERENA-4 Trial Fails to Meet Primary Endpoint
Tamron Considers Sony Acquisition Amid Rising Competition from Chinese Lens Makers
AI Worm Threatens WeChat Accounts with Self-Propagation
Trump says he’s open to Chinese automakers building cars in the U.S.
North Korea Launches Unidentified Projectile Towards East Sea
Goldman Sachs, Citi, and Bank of America Continue Brokerage Operations
Australia’s Optus apologises for outage that disrupted emergency calls
How much more gold could central banks buy?
U.S. Links Chinese Satellite Data to July Attack in Iran
VinFast’s Founder Hands CEO Role to Son Amid Expansion Push
Fitch Ratings Assigns 'BB-' Rating to Jamaica's 2037 Notes
Negotiations Stall Between Canadian Auto Workers and Stellantis Over Ontario Facility
Iraq Shuts Down Shalamcheh Border Crossing with Iran
Seoul Calls Urgent Security Meeting Following North Korea's Missile Launch
Saudis shut down oil pipeline as Houthis tighten grip on Red Sea shipping
Oracle Chairman Larry Ellison Plans to Sell Up to $7.5 Billion in Holdings
The 24 New Rules for Succeeding at Work
Rising Diesel Prices Exceed $6, Prompting Economic Concerns
Congo's Ebola Outbreak Exceeds 7,000 Reported Infections
Flooding Disrupts Nepal's Trade Expansion Efforts with China
Japan's Autumn Foliage Season to Start Later Due to Warm Weather
US judge blocks Trump administration’s ’loyalty’ question for job applicants
South Korea Holds Emergency Security Meeting After North Korea's Missile Launch
KLEA Finance Daily: Friday, September 11, 2026
Skyworks Solutions Extends Deadline for GORVO Senior Notes Exchange Offers
Boeing and engineers’ union reach tentative contract agreement
For most Americans, oil-fueled inflation shows up most quickly in their gas tanks. The big question is whether fuel prices will eventually start increasing prices for other goods and services.
Apple Enables One-Tap Gift Card Redemption in Upcoming iOS Update
The Woman Fixing a Microsoft Mess With Brutal Honesty
Wall Street Week | Venezuela’s Oil Test, Overcapacity in Renewables, Defense Tech Boom
NVIDIA to Invest Up to $10 Billion in Anthropic's Upcoming IPO
Exclusive-Nvidia in talks to invest in Anthropic’s mega IPO, sources say
OpenAI agents attacked RubyGems before Hugging Face incident, researchers say
Larry Ellison to sell up to $7.5bn worth of Oracle stock
Early SpaceX investor Atreides poaches co-CIO of ‘Tiger cub’ Lone Pine
Former NY Fed President on Remembering 9/11
KBW CEO on re-building Manhattan after 9/11
Apollo Global in talks to acquire J&J’s orthopedics unit, Bloomberg News reports
Former NYC Deputy Mayor on Remembering 9/11
AI Startup Cohere Targets $20 Billion Valuation in Funding Round
SL Green CFO on Lower Manhattan's rebound after 9/11
JD.com Unit Agrees to Pay SEC $500,000 Over ‘Sham Transactions’
Falling Oil Prices Boost Stock Market Ahead of Federal Reserve Meeting
Bond Trader Whose Wrong-Way Bets Collapsed Firm Gets 16 Years
Rent the Runway Names Nordstrom Veteran Paige Thomas CEO
OpenAI's AI Agents Linked to Cyberattack on RubyGems
Apollo Global Is Said in Talks to Acquire J&J’s Orthopedics Unit
Private credit investors reject deep discounts despite redemption pressure
Investors seeking liquidity from private credit vehicles appear unwilling to crystallise steep losses, even as redemption queues continue to put pressure on the sector, according to a report by Bloomberg.
Cox Capital Partners offered to purchase up to $90m of shares from investors in five non-traded business development companies (BDCs), with discounts averaging around 26%. The reported cites unnamed people familiar with then matter as pointing out that the response was muted, with investors submitting less than $5m of orders before the deadline,.
The BDCs involved are managed by HPS Investment Partners, Apollo Global Management, Ares Management and Blue Owl Capital. The discounts varied between the vehicles, with some attracting no offers at all, the sources said.
The limited participation suggests that, while liquidity concerns remain a significant issue for private credit investors, many holders would rather remain invested than accept a substantial reduction in the value of their holdings to exit immediately.
The report cites John Cox, chief executive of Cox Capital, as saying that the firm had hoped for stronger demand but expected investor participation in secondary transactions to increase as the market became more familiar with the concept.
Cox also indicated that the firm could modify the pricing of future offers in response to market conditions. The firm is now looking beyond non-traded BDCs and plans to extend its strategy to interval funds, another type of private investment structure with limited liquidity.
Cox is expected to target private credit vehicles managed by Cliffwater and Variant Investments, according to a person familiar with the plans.
The potential opportunity is significant. Investors sought to withdraw around half of their shares from Variant’s Alternative Income fund during the most recent quarter, according to the source, while approximately 17% of investors in Cliffwater’s flagship interval fund requested redemptions.
Source: Private Equity Wire