Some on Wall Street appear to be concerned about a potential private credit crisis. Worrisome signs can be found in a few ultra-high-yield BDC stocks. However, one BDC stock appears to be in a good ...

A few recent hiccups among private credit business development companies might slow down fundraising in the sector and lead to an uptick in redemption requests similar to that seen among non-traded ...

Databricks now has access to over $7 billion in debt, a person familiar with the matter told CNBC. Investors valued the data analytics software maker at $134 billion in a funding round announced in ...

Kyndryl's collaboration with Nova Intelligence underpins new Clean Field approach that supports customers on a more efficient and effective SAP transformation journey Kyndryl's Clean Field approach ...

Kyndryl, a leading provider of mission-critical enterprise technology services, announced an agentic AI-enabled modernization approach designed to drive quicker and more cost-effective SAP ...

Database provider ClickHouse secured $400 million at a $15 billion valuation, Bloomberg reported, representing about a 2.5x increase from its $6.35 billion valuation last May. The round was led by ...

Latest valuation a jump from $100 billion in August Databricks surpasses $4.8 billion revenue run rate in Q3 Funds to be used to expand research and for talent retention Company delivers positive free ...

Blue Owl faces investor suit over BDC redemption strain, liquidity questions and a scrapped merger that allegedly risked a roughly 20% haircut. A federal case in New York alleges Blue Owl Capital Inc.

Despite a declining return outlook, net new money continued to pour into unlisted public business development companies in the third quarter. Unlisted public BDCs have been the most popular semiliquid ...

Yield premium over comparable investment-grade corporate bonds, reflecting their exposure to pools of middle-market borrowers. US BDC debt, as measured by the recently launched Bloomberg US BDC ...

There is a lot of enterprise data trapped in PDF documents. To be sure, gen AI tools have been able to ingest and analyze PDFs, but accuracy, time and cost have been less than ideal. New technology ...