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BlackRock Private Credit Fund’s Valuations Are Probed by DOJ

BLK
Private Markets & VentureLegal & LitigationManagement & GovernanceCredit & Bond Markets

Federal prosecutors are scrutinizing valuation practices at a BlackRock private credit fund, adding legal and governance pressure around one of the firm’s private markets businesses. The report is limited on details and does not indicate charges or enforcement action yet, but it raises potential reputational and compliance risk for the fund.

Analysis

Federal prosecutors are scrutinizing valuation practices at a BlackRock private credit fund, adding legal and governance pressure around one of the firm’s private markets businesses. The report is limited on details and does not indicate charges or enforcement action yet, but it raises potential reputational and compliance risk for the fund.

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