(Bloomberg) -- In an effort to sustain the stellar returns of recent years, private credit funds are scrutinizing their cost of financing, switching up their investor base and targeting smaller, riskier businesses.Most Read from BloombergWorld’s Largest Nuclear Plant Sits Idle While Energy Needs Soar‘Not Gonna Be Pretty:’ Covid-Era Homebuyers Face Huge Rate JumpWarning Signals Are Flashing for Homeowners in Texas and FloridaInsurers Sink as UnitedHealth Sees ‘Disturbance’ in MedicaidAmerican Air
(Bloomberg Markets) -- Charlie Mullins’ father worked in a toy-car factory. His mother cleaned homes. Today, Mullins has a £10 million London penthouse with a view of the Thames. “Tom Jones lives there, if you can believe it,” he says, pointing to the flat above him, where the Welsh singer is a neighbor.Most Read from BloombergWorld’s Largest Nuclear Plant Sits Idle While Energy Needs Soar‘Not Gonna Be Pretty:’ Covid-Era Homebuyers Face Huge Rate JumpWarning Signals Are Flashing for Homeowners i
Stifel (SF) announces prime brokerage referral partnership with Marex Group to strengthen its institutional client offerings. The move aligns with its revenue growth strategy by boosting its client base.