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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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Feb 14, 2026 / Tyler Durden
Indian Scrapyards Welcome Growing Number Of Dark Fleet Tankers
Indian Scrapyards Welcome Growing Number Of Dark Fleet Tankers
By Tsvetana Paraskova of OilPrice.com
At least three vessels sanctioned by the United States have arrived in recent weeks at the demolition hub of Alang on India’s west coast, following a record 15 dark fleet tankers sent to these scrapyards last year, as the business rebounds despite concerns about dealing with sanctioned ships.
The Woodchip, built in 1993 and sanctioned by the U.S. in 2021 under one of its previous names, is the third tanker to have arrived at Alang in less than...
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Feb 19, 2026 / Tyler Durden
Medical Groups Sue FTC Over Probe Into Gender Dysphoria Treatments
Medical Groups Sue FTC Over Probe Into Gender Dysphoria Treatments
Authored by Zachary Stieber via The Epoch Times (emphasis ours),
Two medical groups on Feb. 17 sued the federal government over its probe into the organizations’ recommendations for children with gender dysphoria, or the belief that they are a different gender.
The Federal Trade Commission (FTC) in Washington on Aug. 6, 2024. Madalina Vasiliu/The Epoch Times
The American Academy of Pediatrics and the Endocrine Society said in separate lawsuits filed in federal court in the District of Columbia that the Federal Trade Commission...
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Mar 26, 2026 / Tyler Durden
Woke Star Trek Series Canceled After Embarrassing Critical Failure
Woke Star Trek Series Canceled After Embarrassing Critical Failure
"Get Woke, Go Broke" wins once again.
For many years the political left in Hollywood along with the allied progressive media argued that wokeness was the dominant social trend of our era. They claimed that any company that refused to adapt to the new far-left "modern audience" would be choking on the dust of companies that wrapped themselves in the rainbow flag. They asserted that the entertainment industry had to change and reflect this new ideological movement if they wanted to remain...
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