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US Economy · United StatesU.S. prosecutors charged top executives of bankrupt subprime auto lender Tricolor Holdings with what they described as a years-long, “systematic fraud” scheme that sent shockwaves through the banking sector earlier this year.
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Former executives of bankrupt auto dealer Tricolor indicted on fraud charges
49% Center coverage: 33 sources

United States · United StatesLike a vessel catching stronger-than-expected winds, Deerpath Capital Management LP has sailed past its fundraising mark, closing its seventh fund above expectations and reinforcing its position in the private credit market. The New York–based firm said Thursday that it has finalized Deerpath Capital 7th Fund, exceeding its $2 billion equity goal. The capital will be deployed to finance private equity-backed companies spanning a wide range of in…See the Story
