State Department Approves Massive $24 Billion F-35 Sale to Saudi Arabia

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...

Senate Passes War Powers Resolution In Rebuke Of Trump Policy The US Senate on Tuesday passed a war powers resolution - a symbolic rebuke of President Donald Trump which calls for an end to the US-Israeli war against Iran, and requires explicit authorization from Congress. The Democrat-led concurrent resolution passed by a narrow 50-48 vote, seeking to constrain President Donald Trump’s ability to wage war against Iran. The measure had previously cleared the House of Representatives on June 3. US President Donald Trump looks on as he stands in front of the...

Anthropic Accuses Alibaba Of Running Major "Adversarial Distillation" Campaign To Extract Claude Capabilities Anthropic has accused Alibaba Group of orchestrating one of the largest known efforts by a Chinese company to extract capabilities from a leading U.S. artificial intelligence model, according to a letter the AI company sent to several U.S. senators and White House officials. The letter claims that operators linked to Alibaba’s Qwen AI lab used nearly 25,000 fraudulent accounts to conduct 28.8 million exchanges with Anthropic’s Claude model between April and June. The activity focused on the model’s...