'Alarming' distress is building in small private credit loans — but software still poses the biggest risk

A Houlihan Lokey report found signals of distress are high in loans to small companies, but the real risk is in still-healthy ...

Private Credit: Understanding Liquidity Risk In Illiquid Asset Classes

Private credit — direct lending to businesses outside the public bond markets — grew rapidly through the low-rate years of ...
Bloomberg L.P.

Perspectives on credit rate risk: Why it’s rising and what organizations can do about it

David Croen, Head of Risk Products at Bloomberg L.P., was interviewed by Alison Fletcher, a Corporate Treasury Specialist at Bloomberg, on what customers have faced when evaluating credit rate risk ...

Citi CEO doesn't see systemic risk lurking in private credit — unless these 3 things converge

Citi CEO Jane Fraser said she's "sanguine" on the risks in private credit, but concerns about AI and war in Iran could make ...
planadviser.com

Moody’s and MSCI Partner for Private Credit Risk Modelling Tool

MSCI said the new solution leverages consistent, independent probability of default (PD) scores and implied ratings for deeper risk insight across funds, sectors and geographies. It also delivers ...

Rethinking credit risk models in an era of geopolitical instability

These events remain relevant largely because they occurred during an extended period of geopolitical stability that ran from the late 1990s through to the early 2020s. When shocks did occur, they ...
San Francisco Fed

Modeling Credit Risk for Commercial Loans

In the past few years, there have been several developments in the field of modeling the credit risk in banks’ commercial loan portfolios. Credit risk is essentially the possibility that a bank’s loan ...