Anything To Hide? Private Credit Funds Face Tough Transparency Demands
Transparency push gathers momentum amid questions on marks
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Welcome to Going Private, I’m Sinead Cruise and this is Bloomberg’s twice-weekly newsletter about private markets and the forces moving capital away from the public eye. Today, we look at a banner week for Blue Owl, one firm’s sobering take on stress in US loans and why buyout houses should plan sales immediately after their acquisitions. But first we explore fresh demands on private credit firms to fill a data void on loan performance. If you’re not already on our list, sign up here. Have feedback? Email us at goingprivate@bloomberg.net
Cast your mind back to childhood nightmares about the Bogeyman lurking in the darkness. How often did you return to peaceful slumber without flicking on the lights to check under your bed?