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DOJ Probes BlackRock Private Credit Fund Valuations After Dramatic Repricings

DOJ Probes BlackRock Private Credit Fund Valuations After Dramatic Repricings It all started in late January, just before the Blue Owl debacle and the SAAS-palcypse sparked a historic crash in private credit.  It was then that in a rare off-cycle disclosure, BlackRock TCP Capital Corp., a publicly traded private-credit fund structured as a business development company (BDC), disclosed a 19% markdown in net asset value as troubled loans weighed on performance. The news not only sent shares of the fund plunging 13% on Jan. 26, the most since March 2020 but market...
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Jun 21, 2026 / Tyler Durden
Trump-Backed "El Tigre" Wins Colombia Presidency As Socialist Era Ends
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Aug 4, 2026 / Dave DeCamp
Report: Saudi Arabia Seeks To Contain Renewed Yemen Conflict Through Diplomacy
Saudi Arabia is seeking to contain its renewed conflict with Yemen’s Houthis, officially known as Ansar Allah, through diplomacy, Bloomberg reported on Tuesday, amid a new Yemeni blockade targeting shipping on Saudi Arabia’s Red Sea coast. The report said that Saudi Arabia has held talks with Ansar Allah through Omani mediators but is still preparing […]
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Jul 11, 2026 / Tyler Durden
Iran Begins 'Retaliation' Attack On Gulf After Overnight US Launched 3rd Round Of Strikes, Following IRGC Hit On Cargo Ship
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