Dow Jones Top Financial Services Headlines at 7 AM ET: What's a Private-Credit Fund Worth When the Money Is Locked Up? | Private-Equity ...

Dow Jones04-03 19:00

What's a Private-Credit Fund Worth When the Money Is Locked Up?

Redemption requests at managers like Blue Owl and Cliffwater are triggering a domino effect among funds.

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Private-Equity Fundraising Falls to Slowest Pace in a Decade

Fundraising in the first quarter hit $86 billion under the impact of private-markets worries and war.

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Blue Owl Investors Seek to Pull $5.4 Billion From Two Private-Credit Funds

The fund manager reversed course and limited redemptions to 5% as outflows accelerated.

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The Wealthy Investors Who Powered Private Credit Are Rushing for the Exits

Investors asked to pull nearly $14 billion from a group of private-credit funds in the first quarter.

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KKR Closes Record $23 Billion North America Private-Equity Fund, Its Largest Ever

The closing comes even as private equity endures its worst fundraising environment in nearly a decade.

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U.S. Regulator Sues Three States in Defense of Prediction Markets

The Commodity Futures Trading Commission says it has exclusive jurisdiction over platforms such as Kalshi.

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Ousted Monte Paschi Boss Says CEO Change Raises Mediobanca Integration Risk

Luigi Lovaglio of Italy's Banca Monte dei Paschi di Siena said continuity at the top is key to pull through a complex combination with rival Mediobanca.

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U.K. Digital Bank Monzo to Exit U.S.

The digital bank is closing down its operations in the U.S. in order to focus on growing its business in the U.K. and across Europe.

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He Brought Private Credit to the Masses. Now the Masses Are Fleeing.

Stephen Nesbitt's Cliffwater is racing to calm investors after steep withdrawals.

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This Crypto Stock Drops 25% in U.S. Trading Debut. Can It Break the SPAC Curse?

CoinShares, the crypto asset manager, goes public in the U.S. through a merger with a special-purpose acquisition company.

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Franklin Templeton Agrees to Buy Crypto Spinoff in Digital-Asset Expansion

The money manager's crypto investment unit will offer strategies designed to appeal to institutional investors.

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The Soap Opera at Hedge Fund Two Sigma Has a New Plot Twist

Co-founders John Overdeck and David Siegel stepped down as co-CEOs in 2024. They're still fighting over their successors.

 

(END) Dow Jones Newswires

April 03, 2026 07:00 ET (11:00 GMT)

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