Will's Blog: Blackstone, Pimco, Carlyle, BlackRock, and others have loaned $11B+ to CoreWeave, Crusoe, and other "neocloud" companies, creating a lucrative new debt market (Tabby Kinder/Financial Times)

4 November 2024

Blackstone, Pimco, Carlyle, BlackRock, and others have loaned $11B+ to CoreWeave, Crusoe, and other "neocloud" companies, creating a lucrative new debt market (Tabby Kinder/Financial Times)

Tabby Kinder / Financial Times:
Blackstone, Pimco, Carlyle, BlackRock, and others have loaned $11B+ to CoreWeave, Crusoe, and other “neocloud” companies, creating a lucrative new debt market — Wall Street's largest financial institutions have loaned more than $11bn to a niche group of tech companies based …

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