The judiciary steps in as the U.S. investigates a BlackRock private credit fund whose valuation suddenly plunged 19% in January.
Judicial authorities intervene: U.S. investigates BlackRock’s private credit fund as its valuation suddenly plunged 19% in January
U.S. federal prosecutors have launched an investigation into a private credit fund managed by BlackRock, pushing the long-standing issue of opaque valuations in the private credit market into the realm