Bonds & Bullion Jump, Dollar Dumps As Rate-Hike Odds Slump After Payrolls Miss

Step Aside Private Credit: Partners Group Is First Private Equity Fund To Gate Investors The private credit gating-gate is spilling over to private equity.  Partners Group Holding AG has capped withdrawals at one of its evergreen private equity funds amid heightened redemption pressure, as the investor anxiety that hit private credit vehicles is now spilling over to other asset classes within private markets, Bloomberg reported. The Swiss firm, one of Europe’s largest listed alternative asset managers, said its $8.6 billion Global Value SICAV fund was limiting redemptions to 5% of net asset...

Assistant U.S. Attorney Found Dead Inside Federal Building A high-ranking federal prosecutor was found dead inside a Southern California federal building on Wednesday, just hours after he was reported missing. Andrew Haden, Illustration via Wonderwall Andrew Haden, 48, the No. 2 official in the U.S. Attorney's Office for the Southern District of California, was discovered in a vacant office at the Edward J. Schwartz Federal Building, officials said. The county Medical Examiner's Office will determine the official cause and manner of death, but a source told the San Diego Union-Tribune that investigators believe...

Situational Flipping: Citadel Has Dumped Almost All Of The Stocks It Acquired From Leopold Aschenbrenner After the market learned in late July that Leopold Aschenbrenner's Situational Awareness hedge fund had blown up under too much Total Return Swap and option leverage (as we had warned a month earlier would happen), the next big question facing investors was: how long would Citadel keep the positions it bought from Leopold (at a huge market and transactional discount - recall Citadel only agreed to purchase the public book at a 10% discount off...