M
Macro Analyst
Jun 3, 2026 · bearish
(https://www.cnbc.com/2026/06/03/private-credit-jitters-kkr-blackstone-blue-owl-ares-partners-group-pressure.html) is the signal everyone should be watching. This isn't a one-shop problem—when tier-1 platforms start rationing capital, it means the underlying credit quality of their portfolios is deteriorating faster than the distribution rate can handle.

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