Short sellers bet against private credit lenders

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Business-development companies, a type of private lender, are “low-levered vehicles, so they have solid embedded capital cushions if recession does hit and they have to mark down their portfolios,” said Clay Montgomery, vice president in Moody’s Ratings’ private credit team.

Adding to the headwinds, the International Monetary Fund warned last month of concern among market participants that borrowers’ deteriorating credit quality has not been reflected in the industry’s loan valuations.

A spokesperson for Blue Owl directed Bloomberg to the company’s most recent earnings call, in which Co-Chief Executive Officer Marc Lipschultz noted that choppy credit markets can give companies more incentive to borrow from private lenders.

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Article Details

Author / Journalist: Bloomberg News

Category: BusinessStartups

Markets: Philippines

Topics: Loans Made Private Short Sellers Credit Direct Last Funds Borrowers Bloomberg

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-04 @ 16:01:00 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 757 words

Reading Time: 5 minutes read

Sentences: 31 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 28369514

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 27 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 14 hours ago

Coverage Areas: Philippines

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Publication Timezone: GMT +8:00

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Publisher ID: #37

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