The $2 trillion private credit industry, which has expanded over the past decade from financing leveraged buyouts to areas banks dominated, is facing fresh strain from turmoil at Blue Owl Capital, a major private lender.
Patrick James, Chief Executive Officer of First Brands Group, is considering stepping down from his role at the bankrupt auto parts supplier, according to a statement from his spokesperson on Friday.
27 Feb 2026-21:37
11 Oct 2025-10:11
