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Flawed Valuations Threaten $1.7 Trillion Private Credit Boom

(Bloomberg) -- Colm Kelleher whipped up a storm at the end of last year when the UBS Group AG chairman warned of a dangerous bubble in private credit. As investors dive headfirst into this booming asset class, the more urgent question for regulators is how anybody could even know for sure what it’s really worth.Most Read from BloombergApple to Wind Down Electric Car Effort After Decadelong OdysseyA Spike in Heart Disease Deaths Since Covid Is Puzzling ScientistsOffice Tower Deal for $1 Re...
France General Finian Oshea Ethan Kaye Benoit Soler Karen Simeone Paula Seligson
Source: yahoo.com

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Bio Startup Tisento Launches With $81M and a Brain-Penetrating Drug in the Clinic

A Phase 2b-ready Cyclerion Therapeutics drug candidate for a rare mitochondrial disease gets new life under a new startup led by a familiar face. Starup Tisento Therapeutics acquired the Cyclerion drug and is backed by a Series A round financing.
United Kingdom Peter Hecht Tisento Therapeutics Massachusetts Based Tisento Sanofi Ventures Akebia Therapeutics

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