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Bloomberg

Private Credit Storm Lashes Father-Son Duo at Helm of Cliffwater

As investors in private credit funds rush for the exits, Cliffwater has become one of the biggest question marks in the $1.8 trillion industry. The worry isn't so much that private loans will go bad all at once and crush the funds where Cliffwater has invested. It's that antsy investors will keep asking for money back, prompting Cliffwater to dash for cash itself instigating a vicious circle of redemptions and markdowns. Concerns center around the $33 billion Cliffwater Corporate Lending Fund, the largest of its kind in private credit. Bloomberg News Leveraged Finance reporters Ellen DiMauro and Olivia Fishlow join Bloomberg Businessweek Daily to discuss. They speak with Carol Massar and Tim Stenovec.

Leia mais: Private Credit Storm Lashes Father-Son Duo at Helm of Cliffwater
Bloomberg

Vinod Khosla Wants to Be "As Hawkish As Possible" on China

Khosla Ventures founder Vinod Khosla says Nvidia selling chips to China may be good for its business, "it doesn't mean it's good for America" long-term. He joins Ed Ludlow and Caroline Hyde on the sidelines of the Hill and Valley Forum to discuss the US's need to fill the AI "vacuum" before China does.

Leia mais: Vinod Khosla Wants to Be "As Hawkish As Possible" on China
Bloomberg

Democrat Voters Looking For a 'Fighter,' Says Third Way Survey

Jim Kessler, executive vice president for policy at the center left think tank Third Way, said that new data shows that on the whole Democratic primary voters are more moderate than how they are portrayed in the media. Kessler said that Democrats are primarily concerned about electability heading into the 2026 midterms and the 2028 presidential elections, and want a candidate that is a 'fighter' for reform.

Leia mais: Democrat Voters Looking For a 'Fighter,' Says Third Way Survey
Bloomberg

Inflation Shock Will Be Short-Lived, Pimco's Wilding Says

Pimco Economist Tiffany Wilding says that traders have responded to the energy price spike by pricing in more hawkish paths, especially for the ECB and Bank of England, but Pimco views this as a stagflationary shock that will ultimately weigh on growth and real incomes. She speaks on "Bloomberg The Close."

Leia mais: Inflation Shock Will Be Short-Lived, Pimco's Wilding Says