Goldman Sachs Group says its private credit fund narrowly escaped a broader exodus due to its reliance on institutional investors. Goldman Sachs Private Credit, which manages a so-called non-traded business development company, met redemption requests in the first quarter amounting to 4.999% of its outstanding shares. That contrasts with peers including Blue Owl Capital that saw redemption request...
Goldman Sachs Group says its private credit fund narrowly escaped a broader exodus due to its reliance on institutional investors. Goldman Sachs Private Credit, which manages a so-called non-traded business development company, met redemption requests in the first quarter amounting to 4.999% of its outstanding shares. That contrasts with peers including Blue Owl Capital that saw redemption requests dramatically higher than an industry-wide 5% limit. Bloomberg's Neil Callanan breaks down the situation. (Source: Bloomberg)
Intel Corp. (NASDAQ:INTC) is one of the 10 best AI chip stocks to buy according to hedge funds. On April 2, Reuters reported that Intel Corp. (NASDAQ:INTC) announced plans for investing an extra $15 million in Samba Nova Systems, a chip startup that is led by the company’s CEO Lip-Bu Tan. This investment will see […]
Intel Corp. (NASDAQ:INTC) is one of the 10 best AI chip stocks to buy according to hedge funds. On April 2, Reuters reported that Intel Corp. (NASDAQ:INTC) announced plans for investing an extra $15 million in Samba Nova Systems, a chip startup that is led by the company’s CEO Lip-Bu Tan. This investment will see […]