No more makeshift footnotes in our leaflet posts!
06.03.2026 22:28
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No more makeshift footnotes in our leaflet posts!
correct
9:09 AM | March 6, 26 | reuters.com UPDATE 1-BlackRock limits withdrawals at private credit fund as redemptions mount (Changes sourcing, Adds details throughout) March 6 (Reuters) - BlackRock said on Friday it has put limits on withdrawals from a flagship private credit fund after a surge in redemption requests, making it the latest company responding to rising investor caution in the asset class. Shares of the asset manager fell 3.4% before the bell after the Financial Times first reported the news. BlackRock's $26 billion HPS Corporate Lending Fund received withdrawal requests worth $1.2 billion in the first quarter, or roughly 9.3% of its net asset value. HPS Investment Partners told investors it would pay out $620 million as part of the quarterly redemption, hitting a 5% threshold that allows the asset manager to restrict further withdrawals
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""Yo brother, legal team confirmed that we can't work with minors rn," a Kalshi employee wrote to the user in messages reviewed by the Journal. "Kinda sad tbh."" im losing my mind
"Under a new Indiana law, public DC plans in the state will be required to offer at least one crypto investment option in a self-directed brokerage account by no later than July 1, 2027" 🧐
I reviewed Barry Eichengreen's new book about global currencies and the future of the dollar, check it out:
Clickhole country.
This again, somehow without the asset managers/trade groups as intermediaries.
On Tuesday, the US president posted on Truth Social that the US International Development Finance Corporation would provide insurance “at a very reasonable price . . . for the Financial Security of ALL Maritime Trade, especially energy, traveling through the Gulf”. The DFC is nominally charged with providing aid to poorer countries along with advancing US security interests. But Trump has increasingly used it to backstop the White House’s military ambitions, including by supporting critical minerals projects. And he’s selected Ben Black, the son of disgraced Apollo financier Leon Black, to lead it. The younger Black lists experience in private equity at Apollo and as an M&A attorney at Sullivan & Cromwell (though his CV is thinner on developing-world aid).
giftarticle.ft.com/giftarticle/...
giftarticle.ft.com/giftarticle/...
it's everything everywhere all at once
& at the same time Blackstone's senior management just pitched in $150 million of their own money to save BK's private credit fund, so everything going great?!
Canadian and Australian pension joining forces to lobby governments in both countries to de-risk their private infrastructure investments. 😬
cfpbunion.shop
Hardship withdrawals from 401(k)s increased for the sixth straight year. Top reasons included avoiding foreclosure and eviction as well as paying medical expenses. (Gift link)
www.wsj.com/personal-fin...
Great to see extensive NYT & FT coverage of our paper on the fossil-fuel profit bonanza during the previous war-induced oil & gas price spike. Links in Gregor’s thread. 👇
I just need everyone to watch this and understand I have been laughing about it for 24 hours
thanks to window tiling in @zen-browser.app
it's actually just a screenshot of my browser window.
A tile of four images. Upper left: Bloomberg video with the title "Brookfield's Teskey Says Credit Markets Are in Good Shape." Upper right: Bloomberg article titled "Blackstone's Gray Defends Credit Portfolio Marks as Shares Slum" Bottom left: Bloomberg article titled: "Apollo's Rowan Warns of Shakeout Coming for Private Markets" Bottom right: A snippet of an FT article with highlighted text that says "Dealmakers told the FT that Blue Owl has also come across as defensive about its exposures to technology companies amid the AI sell-off. Lipschultz said the firm’s loan portfolio was “pristine” during an earnings call this month. “We don’t have red flags. In point of fact, we don’t have yellow flags, we actually have largely green flags,” he added."
We're at the 'ok, there may be problems, but not my firm' stage of things.
bsky.app/profile/this...
You'll never guess who, in recent years, acquired a private credit firm, an infrastructure fund manager, and a private markets analytics firm whose data create the narrative that it's 'not enough'
"US pension fund Calpers and Qatar’s sovereign wealth fund will also participate in the deal."
not the main issue of the day, but the trickle of bad news from this sector is still running... www.ft.com/content/7dad...
six companies... i swear i can count!
Companies Teekay Corporation Ltd. Koninklijke Vopak N.V. CF Industries Holdings, Inc. Navios Maritime Partners L.P. Teekay Tankers Ltd. CVR Partners, LP Industries Oil, Gas and Consumable Fuels Chemicals Marine Transportation
over the last three month, 5 companies mentioned the strait of hormuz on their earnings calls. i suspect that will tick up a wee bit in the near future.
I'm thrilled to announce a new report I wrote with @ksavin.bsky.social and @calliefreitag.bsky.social on the impact of DOGE/Trump 2.0 turmoil on Social Security disability programs.
As the title says, these programs have always been tough to navigate. But in the last year, they've gotten worse.
