The Most Expensive Science Lesson in European History

Blue Owl Plunges After Halting Redemptions On Private Credit Retail Fund Things are getting from bad to worse for Private Credit giant Blue Owl Capital. The last time we looked at the firm's precarious liquidity situation about a month ago, we found that the Blue Owl BDC would allow for 17% redemptions as investors, burned by both the tumbling stock price and the company's massive exposure to ticking private credit time bombs, were storming for the exit.  Blue Owl BDC Allows for 17% Redemptions as Investors Storm Exit: BBG — zerohedge (@zerohedge) January...

"Massive Culling" Imminent For Alt Managers, Soros Fund CEO Warns Authored by Lance Roberts via RealInvestmentAdvice.com, Dawn Fitzpatrick says overallocated LPs, frozen distributions, and mounting margin-call risk are converging into a sector-wide shakeout. Such will eventually separate survivors from the casualties. I used Claude to source data on private credit and equity funds, sources disclosed at the end. In July 2024, I penned an article entitled “Private Equity: Why Am I So Lucky,” which began with: “Lately, I have been getting many questions about investing in private equity. Such is common during raging bull markets, as individuals seek higher rates...

Preparation For Martial Law? Europe To Recruit Migrants For "National Defense" Europe's lack of military readiness has become painfully obvious in recent years, due largely to the war in Ukraine as well as the Trump Administration's efforts to force NATO members to fulfill their basic obligations.  Specifically, Russia's successful use of attrition tactics against NATO supported forces in Ukraine has exposed a significant weakness in western military doctrine. New and cheap technologies (including drone technologies) are making large scale maneuver warfare obsolete.  The era of super-weapons dominating the battlefield with minimal manpower...