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Reuters

GoldenTree raises $1.35 billion in first private credit fund

GoldenTree raises $1.35 billion in first private credit fund

By Carolina Mandl NEW YORK (Reuters) - GoldenTree Asset Management raised over $1.35 billion for its first pure private credit fund, the firm said in a statement on Monday, getting a strong foothold in a booming market. The firm, with $53 billion in assets under...

Stocks backpedal from record highs on US payrolls, yields dip

Stocks backpedal from record highs on US payrolls, yields dip

By Alden Bentley and Huw Jones NEW YORK/LONDON (Reuters) -Investors stretched record-breaking stock rallies on Friday, before Wall Street took profits, while U.S. Treasury yields dipped after not-too-hot, not-too-cold U.S. jobs data reinforced the conviction that the...

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