undefined undefined Private credit firms are likely to continue attracting capital despite recent redemption pressures, due to the premium illiquid investments command, Goldman Sachs’ Kristin Olson said in a Bloomberg Television interview Thursday. The investment bank advises ultra-high-net-worth clients and family offices to allocate about 25% of a moderate-risk portfolio to alternative investmen...
undefined undefined Private credit firms are likely to continue attracting capital despite recent redemption pressures, due to the premium illiquid investments command, Goldman Sachs’ Kristin Olson said in a Bloomberg Television interview Thursday. The investment bank advises ultra-high-net-worth clients and family offices to allocate about 25% of a moderate-risk portfolio to alternative investments, an asset class that includes private credit, according to Olson, who is the global head of alternatives for wealth at Goldman. “If you can bear the illiquid, which obviously the ultra-high-net-worth clients can, we do think there is real alpha to be generated in that private markets part of your portfolio,” Olson said. “So we liked that risk-adjusted return, if you can weather the illiquidity.” Olson’s comments come as a wave of redemption requests has hit at least a dozen private credit funds, prompting firms such as Apollo Global Management ( APO ), Ares Management ( ARES ), BlackRock ( BLK ), KKR ( KKR ), and Cliffwater to curb withdrawals. The pressure has been partly linked to concerns over exposure to software companies vulnerable to AI disruption. Current private credit conditions represent an “education moment” that will benefit investors over time, Olson added. “You’re going to continue to see the asset class grow,” she added. “What you had was a bit of misinformation that sort of led to some concerns and then people started testing that redemption window.” Goldman Sachs Group ( GS ) is seeking to expand its asset and wealth management division, which oversees about $3.6T in assets across private and public markets. More on Goldman Sachs, Apollo Global Management, etc. BlackRock: Not Adding Despite A Stellar Q1 2026 Goldman Sachs Q1 Results Flag Risks From Middle East Conflict And Inflation BlackRock, Inc. 2026 Q1 - Results - Earnings Call Presentation Ares CEO says no signs of major default cycle in private credit Samsung SDS shares surge 20% on KKR partnershi...
For the first time in well over half a century, Wall Street's trillion-dollar conglomerate, Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB) , is in uncharted territory. On Dec. 31, Warren Buffett officially retired from his multidecade role as Berkshire's CEO and handed the reins to his predetermined successor, Greg Abel. Although Buffett remains chairman of the board, Berkshire's day-to-day operatio...
For the first time in well over half a century, Wall Street's trillion-dollar conglomerate, Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB) , is in uncharted territory. On Dec. 31, Warren Buffett officially retired from his multidecade role as Berkshire's CEO and handed the reins to his predetermined successor, Greg Abel. Although Buffett remains chairman of the board, Berkshire's day-to-day operations, including the oversight of its $318 billion investment portfolio , fall to Abel. In many respects, Abel has vowed to walk in the Oracle of Omaha's footsteps. Abel and Buffett were cut from the same cloth in the sense that they value companies with strong management teams, sustainable competitive advantages, and robust capital-return programs. Continue reading
On today's show, global equities hit all-time highs as investors pile back into stocks on signs that Iran and the US may extend their ceasefire. Bloomberg understands they're considering a two-week extension to allow more time to negotiate a peace deal. The initial truce is due to expire next week. China's economy expanded at its fastest pace in three quarters, suggesting limited spillover so far ...
On today's show, global equities hit all-time highs as investors pile back into stocks on signs that Iran and the US may extend their ceasefire. Bloomberg understands they're considering a two-week extension to allow more time to negotiate a peace deal. The initial truce is due to expire next week. China's economy expanded at its fastest pace in three quarters, suggesting limited spillover so far from war in the Middle East. First quarter GDP expanded 5% from a year ago, powered by strong manufacturing and exports. Correct: This video has been edited to remove erroneous images from a story about a probe of suspicious oil trading, which was aired at 17:01. The incorrect pictures showed the logo of a company that in no way is related to the oil trading investigation. We apologize for the error. (Source: Bloomberg)
Taiwan Semiconductor Manufacturing (NYSE:TSM) reported first-quarter 2026 results that topped its own outlook and offered an upbeat second-quarter forecast, with executives pointing to continued strength in leading-edge demand tied to AI and high-performance computing (HPC). Management also said it
Taiwan Semiconductor Manufacturing (NYSE:TSM) reported first-quarter 2026 results that topped its own outlook and offered an upbeat second-quarter forecast, with executives pointing to continued strength in leading-edge demand tied to AI and high-performance computing (HPC). Management also said it
In this article EZJ-GB Follow your favorite stocks CREATE FREE ACCOUNT EasyJet 's stock fell on Thursday after it warned that the Iran war and higher fuel prices are weighing on customer bookings. EasyJet said it took on roughly £25 million ($34 million) in additional fuel costs due to the U.S-Iran war and expects airline costs to remain tied to volatile fuel prices over the coming months. Shares ...
In this article EZJ-GB Follow your favorite stocks CREATE FREE ACCOUNT EasyJet 's stock fell on Thursday after it warned that the Iran war and higher fuel prices are weighing on customer bookings. EasyJet said it took on roughly £25 million ($34 million) in additional fuel costs due to the U.S-Iran war and expects airline costs to remain tied to volatile fuel prices over the coming months. Shares dropped as much as 8.7%, before paring losses to last trade down 3.2%. The carrier said it expects to report a headline loss before tax between £540 million and £560 million ($732.4 million and $759.6 million) in the first half of 2026. The company is due to report its full first-half results on May 21. This is a breaking news story. Please refresh for updates. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Shares of automation software company UiPath (NYSE:PATH) jumped 5.6% in the afternoon session after the technology sector rallied, pushing the Nasdaq near all-time highs, as investors cheered a potential de-escalation of geopolitical tensions in the Middle East amid a flurry of positive news in the artificial intelligence space.
Shares of automation software company UiPath (NYSE:PATH) jumped 5.6% in the afternoon session after the technology sector rallied, pushing the Nasdaq near all-time highs, as investors cheered a potential de-escalation of geopolitical tensions in the Middle East amid a flurry of positive news in the artificial intelligence space.
Ministers drawing up contingency plans for ‘reasonable worst-case scenario’ if supply of CO 2 is disrupted Business live – latest updates The UK could face some gaps on supermarket shelves this summer if disruption caused by the Iran war continues, with shortages of carbon dioxide potentially hitting supplies of chicken, pork and fizzy drinks. Government ministers are reportedly drawing up conting...
Ministers drawing up contingency plans for ‘reasonable worst-case scenario’ if supply of CO 2 is disrupted Business live – latest updates The UK could face some gaps on supermarket shelves this summer if disruption caused by the Iran war continues, with shortages of carbon dioxide potentially hitting supplies of chicken, pork and fizzy drinks. Government ministers are reportedly drawing up contingency plans for a “reasonable worst-case scenario” if the key shipping lane of the strait of Hormuz does not reopen, disrupting supplies of the CO 2 required by the food industry. Continue reading...