Daily marks give a usable price for private credit that trades and a weak one for loans that don't. Monroe Capital's Ted Koenig and Fortress's Drew McKnight argue that Apollo's daily valuations say little about loans that rarely trade.

82% of private credit managers in a new ICI and PwC survey name delayed borrower financials as a main source of valuation lag, even as interval funds price daily. The survey of 39 firms finds daily NAVs rest on third-party pricing and market proxies between borrower reports.

Private markets face transparency scrutiny as Partners Group obscures $16B fund data with incomprehensible disclosures. Payment deferrals hit 11.4% while firms raise $9B+ across midlife co-investments, software deals & carve-outs. New student loan limits create private credit opportunities as industry navigates valuation concerns amid growth.

Private equity firms race toward $12T retail market via 401(k) access as Trump admin prepares executive order. Record $260B Q1 credit fundraising amid fee transparency pressure. Vista saves $200M+ refinancing from private to public debt. KKR raises $6.5B for asset-backed deals. 85-92% investors cash out vs. rolling continuation funds.

Private markets needs data standards as assets hit $13T - new S&P, Cambridge, Mercer partnership aims to solve fragmentation.

In Brief: Bryan Armour, director of ETF and passive strategies research for North America at Morningstar Research Services, discussed...

EQT AB cancels 6.9 million treasury shares, reducing total outstanding shares to 1.18 billion as part of its dilution mitigation strategy.

EQT AB repurchased 364,578 of its own shares for SEK 99.9 million during week 18 of 2025 as part of its ongoing share buyback program.