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BlackRock Private Credit Fund Cuts Asset Values By 5%, As Golub Gates After 8.5% Redemptions

BlackRock Private Credit Fund Cuts Asset Values By 5%, As Golub Gates After 8.5% Redemptions Just another day in private credit paradise... er, hell.  One day after Gundlach repeated his warning that the private credit crisis will end in tears for bagholders, Blackrock cut the value of its publicly-traded private credit fund by about 5%, as it - like most of its peers - struggled under the weight of troubled loans, markdowns and lower returns. BlackRock TCP Capital Corp., a publicly traded middle-market lending fund, said markdowns totaled $35 million in the quarter...
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May 5, 2026 / Tyler Durden
Industry Leaders Warn Chinese EV Imports Will Undercut Canada's Auto Sector, Bring Major Security Risks
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May 29, 2026 / Tyler Durden
Ferrari Vs Tesla: $640K Luce EV Loses Key Speed And Range Battles To Model S Plaid
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Sep 16, 2026 / Tyler Durden
Zuck Torches Dario's AI Nanny State, Wants 'Trust Us Bro' Instead
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