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...Channel #2: Rising distress among asset managers fueling stress on risk intermediation and a potential fire sale of assets....
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...— So if the US economy does slump into a recession, a lot of borrowers in private credit markets will probably be toast....
...Bridgewater, which in 2022 lost its place at the top of the all-time rankings to Citadel, fell a further two places to fourth, losing $2.6bn....
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...After adjusting for inflation, average real house prices are no higher than they were in late 2015, Savills said....
...This sent NYCB’s shares, which had been hovering above $3 a share, crashing below $2....
...The ticketing platform StubHub attempted as much in 2014, but reversed in 2015 after its market share shrank....
...With inflation set to fall back to rate-setters’ 2 per cent targets slowly and borrowing costs likely to remain higher for longer than initially anticipated by lenders and borrowers alike, an increasing...
...The payments company, owned by Vista Equity Partners, faced $4.5bn of debt maturing in 2024 but found itself shut out of public markets, which have increasingly been closed to riskier borrowers....
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...Christodoro, whom Icahn installed as a board member as part of his $100mn investment in the company in 2015, received millions of dollars for executing the deal just before the ride-sharing group made its...
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