Tremors in the software debt market were still top of mind for industry heavyweights speaking at the Bloomberg Global Credit Forum in New York on Wednesday.
Tremors in the software debt market were still top of mind for industry heavyweights speaking at the Bloomberg Global Credit Forum in New York on Wednesday.
Na Wei during the Bloomberg Global Credit Forum in New York on June 3.
Pacific Investment Management Co. is staying away from loans being put up for sale amid the tumult in the $1.8 trillion private credit market because they’re “pretty bad,” according to its president Christian Stracke.
Pacific Investment Management Co. is staying away from loans being put up for sale amid the tumult in the $1.8 trillion private credit market because they’re “pretty bad,” according to its president Christian Stracke.
The Pacific Investment Management Co. (Pimco) headquarters in Newport Beach, California, US, on Thursday, Dec. 4, 2025. In the best year for US debt since 2020, the $213 billion Pimco Income Fund - the largest actively managed bond fund - has returned 10.4%.
A Blue Owl Capital Inc. private credit fund is urging investors to reject a share purchase offer led by Boaz Weinstein’s Saba Capital Management, saying the price is too low.
A Blue Owl Capital Inc. private credit fund is urging investors to reject a share purchase offer led by Boaz Weinstein’s Saba Capital Management, saying the price is too low.
Blue Owl signage outside the Seagram Building at 375 Park Avenue in New York, US, on Thursday, March 12, 2026. Blue Owl Capital Inc. defended its recent sale of $1.4 billion of loans from three of its funds, arguing the transaction contained no backstops or hidden incentives, as the asset manager remains a primary target of bets on a private-credit reckoning.
Marathon Asset Management LP is staying away from software for now as its chairman Bruce Richards predicts default rates of around 15% for two coming consecutive years.
Marathon Asset Management LP is staying away from software for now as its chairman Bruce Richards predicts default rates of around 15% for two coming consecutive years.
Bruce Richards, chief executive officer of Marathon Asset Management LP, during the Bloomberg Invest event in New York, US, on Wednesday, March 4, 2026. The conference brings together the most influential voices across asset management, banking, private capital and wealth.