BusinessEnergy Policy

Government Shutdown Fuels Private Credit Boom for Defense Sector Lender

Private credit firm Grays Peak Capital is experiencing unprecedented demand from government contractors seeking bridge financing during the federal shutdown. Founder Stevens, a former investor for Steve Cohen, reports increased pricing power and deal flow as traditional lenders retreat from the space.

Government Shutdown Creates Lucrative Niche for Private Credit Lender

The ongoing government shutdown has created unexpected opportunities for specialized private credit lenders, with one firm reporting record demand from defense contractors awaiting government payments, according to recent reports.

BusinessPersonal Finance

Blackstone Establishes New Division to Direct Retirement Funds into Private Markets

Leading asset manager Blackstone has created a new business unit focused on directing retirement savings into private market investments. The move comes after President Trump’s executive order made it easier for 401(k) plans to include alternative assets like private equity and real estate.

Blackstone Targets Retirement Savings Market

Global asset management firm Blackstone Inc. has reportedly launched a specialized unit to channel more retirement funds into private market investments, according to recent reports. The company indicated this represents a potentially multi-trillion-dollar opportunity in the United States alone, with Americans holding approximately $9.3 trillion in 401(k) plans as of June 30.