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Private Credit Firesale Begins: World's Largest Asset Manager Gates Investors In $26 Billion Fund
Private Credit Firesale Begins: World's Largest Asset Manager Gates Investors In $26 Billion Fund
Three weeks ago, when the largest US Private Credit-focused asset manager Blue Owl, was faced with a flood of redemptions due to its outsized exposure to software loans (which are very rapidly being repriced to zero thanks to the disruption from AI), the firm opted against reinstating quarterly redemptions on a retail fund and decided to return investor capital through assets sales instead (effectively also freezing the money in it and gating investors ) announcing a massive...
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Sep 25, 2026 / Tyler Durden
Canada's Oil Patch On Track For Biggest M&A Wave In A Decade
Canada's Oil Patch On Track For Biggest M&A Wave In A Decade
Authored by Alex Kimani via OilPrice.com,
Nearly a decade ago, the Canadian Oil Patch recorded a major asset sale and consolidation wave as oil majors exited the oil sands in favor of higher margins in U.S. shale oil as well as environmental concerns amid the ESG investing craze.
To wit, Shell Plc (NYSE:SHEL) sold the majority of its oil sands interests to Canadian Natural Resources Ltd. (NYSE:CNQ) in 2017 a transaction valued at roughly $11.1 billion CAD ($8.5 billion USD),...
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Jul 26, 2026 / Kyle Anzalone
Zelensky to Meet Trump at White House on Tuesday
President Donald Trump will meet with Ukrainian President Volodymyr Zelensky at the White House on Tuesday. The Ukrainian leader is traveling to the US for the funeral of Senator Lindsey Graham. Axios reported speaking with a US official who confirmed Zelensky will meet Trump in the White House on Tuesday. The leaders met earlier this […]
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Sep 24, 2026 / Wanjiru Njoya
How War Propaganda Justifies Conscription into Unjust Wars
Conscription is a form of indentured servitude. Murray Rothbard argued that everyone has a natural right to self-defense, but “we have no moral right to use coercion—the bayonet or the revolver—to force someone else to defend us.” Rothbard argued that if we want men to stand in our defense, “the way to induce people to volunteer for hazardous jobs […]
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