One Day After Gating, Ares Private Credit Fund Posts Biggest Monthly Loss In History, As Blankfein Warns Of "Reckoning"

One Day After Gating, Ares Private Credit Fund Posts Biggest Monthly Loss In History, As Blankfein Warns Of "Reckoning" The market barely had time to process news that alternative investing giant, Aresm had joined the private credit "gate parade" - where fund after multi-billion fund informed investors they would get only a fraction of their requested redemption from money invested in Software "not so perfectly money good" private credit loans - before finding out that the same ...

By Tyler Durden