Headlines
Bloomberg MarketsCenterbridge’s KIK Posts 50% Drop in Earnings Amid Plant IssuesFinancial TimesDonald Trump declares two-week ‘ceasefire’ subject to Iran opening Strait of HormuzBloomberg MarketsPrivate Credit Worries Result of 'Imbalances,' PIMCO's KarouiBloomberg MarketsIran Deadline Looms Over Markets | The Close 4/7/2026Bloomberg MarketsOil Slides, Stock Futures Rise on Trump Ceasefire: Markets WrapBloomberg MarketsGold Climbs After Trump Agrees to Two-Week Ceasefire in IranBloomberg MarketsOil Slumps Below $100 as Trump Delays Iran Attacks for Two WeeksFinancial TimesTrump allies play down Iran ‘genocide’ threats as critics warn of war crimesBloomberg MarketsPrivate Credit Experiencing 'Growing Pains,' SLR Capital Partners' Co-CEO GrossBloomberg MarketsToilet Paper Facility Fire Risks Disruption to US MarketBloomberg MarketsFirst Brands Judge Delays Sale of 12 Brands to Allow Late BidBloomberg MarketsOncoclinicas Mulls Seeking Emergency Protection From Creditors in BrazilBloomberg MarketsFertilizer Prices Are Still SoaringBloomberg MarketsFTSE Confirms Vietnam’s Entry to Emerging Cohort in SeptemberBloomberg MarketsDoubleLine's Sherman: Oil Doing the Hiking for the FedBloomberg MarketsCenterbridge’s KIK Posts 50% Drop in Earnings Amid Plant IssuesFinancial TimesDonald Trump declares two-week ‘ceasefire’ subject to Iran opening Strait of HormuzBloomberg MarketsPrivate Credit Worries Result of 'Imbalances,' PIMCO's KarouiBloomberg MarketsIran Deadline Looms Over Markets | The Close 4/7/2026Bloomberg MarketsOil Slides, Stock Futures Rise on Trump Ceasefire: Markets WrapBloomberg MarketsGold Climbs After Trump Agrees to Two-Week Ceasefire in IranBloomberg MarketsOil Slumps Below $100 as Trump Delays Iran Attacks for Two WeeksFinancial TimesTrump allies play down Iran ‘genocide’ threats as critics warn of war crimesBloomberg MarketsPrivate Credit Experiencing 'Growing Pains,' SLR Capital Partners' Co-CEO GrossBloomberg MarketsToilet Paper Facility Fire Risks Disruption to US MarketBloomberg MarketsFirst Brands Judge Delays Sale of 12 Brands to Allow Late BidBloomberg MarketsOncoclinicas Mulls Seeking Emergency Protection From Creditors in BrazilBloomberg MarketsFertilizer Prices Are Still SoaringBloomberg MarketsFTSE Confirms Vietnam’s Entry to Emerging Cohort in SeptemberBloomberg MarketsDoubleLine's Sherman: Oil Doing the Hiking for the Fed
Home/Bloomberg Markets
Back
MARKETS:
SPY+0.26%
DIA+0.23%
QQQ-0.14%
IWM+0.29%
GLD-0.40%
USO+1.64%
Bloomberg Marketsglobal

Private Credit Experiencing 'Growing Pains,' SLR Capital Partners' Co-CEO Gross

Bloomberg Markets
Tuesday, April 7, 2026 at 9:43 PM
~4 min read
BankingFixed IncomeEquities

Original Report

Michael Gross, Co-Founder of SLR Capital Partners said pressure on business development companies are part of private credit's "growing pains." JPMorgan Chase & Co. is restricting some lending to...

Michael Gross, Co-Founder of SLR Capital Partners said pressure on business development companies are part of private credit's "growing pains." JPMorgan Chase & Co. is restricting some lending to private credit funds after marking down the value loans in their portfolios. At the same time, BDCs — which lend directly to middle-market companies — are seeing elevated redemption requests amid fear of loss related to oversized exposure to software firms disrupted by AI. Besides equity from limited partners and public investors, private credit funds rely on banks for funds. They also raise debt in the investment-grade bond market. (Source: Bloomberg)

Glass House Analysis

This development in the banking sector reflects broader tensions between regulatory pressure and financial industry practices. The banking system serves as the circulatory system of the economy; any disruption ripples through to small businesses, homebuyers, and everyday consumers who depend on credit access.

Treasury market movements signal how investors view America's fiscal health and economic trajectory. Rising yields mean the government pays more to borrow, which eventually shows up in taxes or reduced services. For average Americans, this translates to higher mortgage rates, more expensive business loans, and a general tightening of financial conditions that makes everything from buying a home to starting a business more challenging.

The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.

Enjoyed this analysis?

Get the Glass House Briefing every morning—market news that actually makes sense, delivered free to your inbox.

No spam. Unsubscribe anytime.

More Stories

Economic Context

S&P 500
+0.26%
Dow Jones
+0.23%
NASDAQ 100
-0.14%
Russell 2000
+0.29%