How bad is private credit right now? It depends on who is holding the clipboard. Fitch Ratings says the U.S. private credit default rate hit a record 6.3%...

Here is a quirky fact about the oldest alternative investment there is. In the second quarter of 2026, people who own gold through ETFs sold it, jewelry buyers...

For years, the pitch from the private markets industry to everyday investors has had a familiar ring: endowments and pension funds have been doing this for decades, so...

Washington spent the spring trying to open the private markets door to ordinary retirement savers. Over the same few months, some of the biggest private credit funds sold...

Eighteen months ago, State Street and Apollo did something a good part of the asset management industry had spent years calling impossible. They put private credit inside an...