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Private Markets

All articles tagged with #private markets

Apollo Trims Withdrawals in Flagship Private Credit Vehicle
business18 days ago

Apollo Trims Withdrawals in Flagship Private Credit Vehicle

Apollo Global Management capped redemptions from its flagship Apollo Debt Solutions BDC after investors sought about $1.6 billion (11.2% of its $15 billion net assets), above the 5% threshold for limiting withdrawals. The firm honoured roughly half of withdrawal requests, joining peers like Morgan Stanley and BlackRock in restricting outflows as investor sentiment cools on semi-liquid private markets. The fund, with about $25 billion in investments, posted roughly flat net flows for the quarter after new commitments and redemptions, and recorded its first monthly loss in February due to a sell-off in more liquid loans.

Robinhood Opens Private Markets to Retail Investors With $658M Venture Fund IPO
finance1 month ago

Robinhood Opens Private Markets to Retail Investors With $658M Venture Fund IPO

Robinhood debuted its flagship $658.4 million Robinhood Venture Fund (ticker RVI) on the NYSE, giving retail investors exposure to late-stage private tech names such as Databricks, Ramp and Revolut; the closed-end fund aims to broaden access to private assets amid soaring valuations, while the IPO priced at $25 per share and drew modest demand (12.6 million shares sold).

Dimon Warns of Hidden Private-Credit Dangers Behind the Lending Boom
business1 month ago

Dimon Warns of Hidden Private-Credit Dangers Behind the Lending Boom

Jamie Dimon warns at an investor event that the opaque $3 trillion private-credit market harbors 'dumb stuff' risks that could spark a crisis like 2008, as AI-fueled private lending outpaces transparency; Fed minutes flag vulnerabilities in private credit despite low public spreads, highlighting a potential risk blind spot in the financial system.

BlackRock tops $14tn in assets after record quarter
business2 months ago

BlackRock tops $14tn in assets after record quarter

BlackRock surpassed $14tn in assets under management after a record quarter, with $342bn of inflows in Q4 and almost $700bn for the year, driven by strong equity and fixed‑income ETF flows and a rally in stocks. The firm also expanded private‑markets activity (private credit and infrastructure) and took on about $80bn of Citigroup assets, as it pursues roughly $400bn in private‑markets fundraising by 2030. Revenue rose 23% to $7bn in the quarter, while net profit fell about a third due to higher costs tied to its acquisition spree.

AI-Driven Private Markets Set Stage for 2026 Opportunity
finance2 months ago

AI-Driven Private Markets Set Stage for 2026 Opportunity

Blackstone’s 2026 Investment Perspectives argue that AI-driven productivity, moderating inflation, and cheaper capital underpin a multi-year expansion in private markets across private equity, real estate, credit, and infrastructure. AI is driving a significant CapEx cycle in data centers, chips, and digital infrastructure funded largely from cash flow, with growth being resilient but uneven as labor markets cool. A rebound in deal activity and exits, aided by lower financing costs, supports a cyclical upswing; real estate is in early recovery, private credit offers durable income with downside protection, and infrastructure demand remains strong from energy transition and AI needs. International markets show opportunity in India and Japan, with Europe offering selective bets. Blackstone stresses disciplined underwriting, data-driven insights, and platform scale to capitalize in 2026.

The Growing Influence of Private Equity and Crypto in Retirement Plans
finance7 months ago

The Growing Influence of Private Equity and Crypto in Retirement Plans

The Trump administration's executive order aims to allow private equity and other private-market assets in 401(k) plans, opening a $12 trillion market for retirement savings. While this presents opportunities for private-equity firms and diversification for investors, concerns about high fees, performance variability, liquidity, and regulatory safeguards remain. The implementation process will take time, and the impact on retirement returns and investor protection is still uncertain.