Saturday, August 22, 2020

A $2.5B Surprise!

A BoA customer finds an extra $2.45B in their account. Citi mistakenly gives HFs $900M...but not all funds want to give it back.

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Private Credit Teeters on the Edge

In our last post we wrote about the cracks in private credit that began to show in February. A large swath of semi-liquid, non-traded BDCs,...