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Blackstone's Flagship Private Credit Fund, World's Largest, Posts First Monthly Loss Since 2022
Blackstone's Flagship Private Credit Fund, World's Largest, Posts First Monthly Loss Since 2022
It only took a constant barrage of negative news surrounding the private credit space, including a surge in redemptions, investor gating, questions about loan markets as well as outright fraud, not to mention relentless criticism from of some of the biggest luminaries in credit, including Saba's Boaz Weinstein and Diameter's Scott Goodwin, for Blackstone to concede that its private credit book may have been mismarked.
According to Bloomberg, Blackstone's flagship private credit fund - and the world's largest...
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Feb 25, 2026 / Tyler Durden
Hezbollah Will Stay Out Of US-Iran Fight, But Only If Strikes 'Limited'
Hezbollah Will Stay Out Of US-Iran Fight, But Only If Strikes 'Limited'
As the Trump White House weighs its options against Tehran, Hezbollah is signaling it may not be eager to open another front - at least not immediately, issuing a rare message which seeks to calm the mood in the region.
A senior Hezbollah official told AFP that the Iran-backed group would stay out of the fight if the United States conducts only "limited" strikes against Iran - a notable caveat, but which leaves the door open if escalation goes...
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Apr 29, 2026 / Jason Ditz
Israeli Commanders Say Lebanon Mission Is to Destroy Shi’ite Villages
While Israel’s public narrative on its war in Lebanon centers around the idea of defending northern Israel from Hezbollah rocket fire, commanders on the ground have told Israeli media that in practice the sole objective is to destroy Shi’ite villages in the occupied southern part of Lebanon. “The only mission is to continue the destruction,” […]
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May 8, 2026 / Tyler Durden
Baltic States Warn Of Unfunded Debt Surge For Europe's Defense Splurge
Baltic States Warn Of Unfunded Debt Surge For Europe's Defense Splurge
In a rare outbreak of sanity from the continent that perfected kicking the can, officials on NATO’s eastern front are openly admitting what Brussels and Frankfurt have spent years denying: you can’t fund a permanent war footing with infinite borrowing and hope the bond market never notices.
Estonia’s outgoing ECB rate hawk Madis Muller dropped the red pill in parliament Thursday, bluntly telling lawmakers that jacking up budget deficits to pay for the defense surge is no long-term solution. “These...
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