#Privatecredit

Goldman Sachs Group Inc. is sounding out investors about a significant risk transfer tied to a portfolio of loans to private market funds.

The troubled private credit funds, by most any measure, are a sliver of the assets of investing giants KKR & Co., BlackRock Inc. and Apollo Global Management Inc.

Germany’s top financial regulator will step up pressure on insurers to address shortcomings in private credit investments and issued a warning on an asset class increasingly marketed to retail clients.

Munich Re said it has investments of as much as €2.5 billion ($2.9 billion) in private credit, an asset class that has been facing fund redemptions and scrutiny of underwriting standards.

A private credit fund managed by Carlyle Group Inc. cut the value of its assets in the first quarter and lowered its dividend, while reporting that it originated more loan deals.

More frequently marking assets does little to improve transparency or accuracy in the $1.8 trillion private credit market, according to Pacific Investment Management Co. strategist Lotfi Karoui.

A recent wave of investor redemption requests across the $1.8 trillion market for private credit prompted Blackstone Inc. to enlist senior executives in putting up capital to bolster its flagship fund, according to President Jon Gray.

The Federal Reserve said stability risks from further private credit redemption requests appear “limited and manageable,” after some of the biggest names in the market blocked investors from getting money out of their funds in recent months.

A $200 billion investment fund for the University of California system added almost 30 million shares of Blue Owl Technology Finance Corp. in the first quarter, in a sign of institutions seizing upon volatility in the private credit market.

Apollo Global Management Inc. and Blackstone Inc. are among private credit lenders involved in talks with chipmaker Broadcom Inc. over a roughly $35 billion financing, the latest indication that companies are mobilizing all sources of capital to fund the…

Singapore-based firm Granite Asia has engaged the private banking arm of DBS Group Holding Ltd. to raise additional capital for its first private credit vehicle, people familiar with the matter said.

Worries in the private credit market stem from retail-driven liquidity problems rather than the health of the underlining portfolio, according to Frank Kwok, Chief Financial Officer at Macquarie Group Ltd.

US Treasury Secretary Scott Bessent met with insurance regulators to talk about their exposure to private credit as the increasingly complex ties between the two sectors fuels mounting regulatory scrutiny.

The European Central Bank said burgeoning private markets could support a push by politicians in the region to channel savings into investments needed to modernize the economy.

Two private credit funds managed by Blue Owl Capital Inc. bought back $85 million of shares as volatility in technology markets and a selloff in publicly traded loans brought down their value.

DoubleLine Capital Chief Executive Officer Jeffrey Gundlach raised pointed questions about financial advisers and other intermediaries who ushered individual investors into private credit and other so-called semi-liquid funds, suggesting they’ve been…

A private credit fund managed by Sixth Street Partners lowered its dividend and reported a quarterly loss, citing credit spread widening and declining valuations.

Exchange-traded funds can be the source of liquidity that retail investors need after ramping up exposure to private assets, BlackRock Inc. executives wrote in a report.