Bonds issued by semi-liquid private credit funds had already been under pressure before recent investor redemptions, highlighting underlying stress in the $2tn sector, according to a report by Reuters citing analysis by hedge fund Fourier Asset Management.
The bond trading specialist says spreads on bonds from major interval funds, including those managed by Oaktree Capital, BlackRock, Blue Owl, Blackstone, and Ares Capital, had been narrowing in mid-2025 and early 2026 but began widening signif...
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