Bloomberg Apollo Global Management and Goldman Sachs Asset Management LP are preparing to launch private credit funds aimed at wealthy European investors, trying to capitalise on a burgeoning corner of the credit market. The firms are developing strategies to target affluent individual investors interested in private lending for leveraged buyouts in the region, according to people with direct knowledge ...

  Bloomberg Sweden’s Riksbank has “fairly good” prospects to bring inflation back towards its 2% target and avoid persistent price increases, though there will be short-term economic pain, Deputy Governor Per Jansson said. “Unfortunately there is no way out of this situation that doesn’t entail costs,” Jansson said in a speech in Stockholm. “It will be tough, no question about ...

  Bloomberg Credit Suisse Group AG named Neil Hosie to lead the bank’s global equities team, amid ongoing management turnover and restructuring at the investment bank unit. Hosie will be based in London and report to co-head of markets, Michael Ebert, according to an internal memo seen by Bloomberg News that was confirmed by a spokeswoman. Hosie, who has been ...