A Private-Credit Fund Wanted To List. First, It Had To Chase The Votes
FS Specialty Lending needed more time to win shareholder approval for its NYSE listing plan, showing why private-credit liquidity events are not simple exits.
Raymond James Bought A Structured Credit Specialist. The Wealth Angle Is Bigger Than It Looks
Raymond James took a majority stake in GreensLedge, strengthening structured credit, securitization and capital markets links to wealth clients.
Private Credit’s Popular BDCs Are Facing A New Due Diligence Test
Private credit BDCs keep attracting investors, but growth, credit stress, redemptions and falling rates are raising new advisor due diligence questions.
Stifel Sold A Non-Core Broker-Dealer. The Bigger Story Is Where Wealth Management Is Going
Blackstone’s BCRED payout cuts show how private credit funds must balance income demand, lower rates, redemptions and advisor confidence.