Private Credit Risk 2026: What HNW Investors Holding BDCs and CLOs Need to Know Now
In January 2026, BlackRock marked down its private credit fund by 19%. That wasn't a technical adjustment. It was a billion dollars, gone, formally acknowledged - and the people tracking this space closely weren't surprised. Here's what the data actually shows, and what investors holding BDCs, private debt funds, or CLOs should be doing right now.