Tariff Drama Pushes Wall Street Into Arms of Private Credit
Welcome to Going Private, Bloomberg's twice-weekly newsletter about private markets and the forces moving capital away from the public eye. Today, we look at Wall Street's familiar dance with private credit and the risks of volatility for portfolio companies. Also, BlackRock's earnings — Silas Brown and Eleanor Duncan.
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Leveraged finance bankers came into the year riding high on a promise of an M&A deluge (and the bonuses that come with it.) But this month's tariff drama has left them with something of a 2022 redux.
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