🚀 Private Credit Fund Reduces Dividend Amid Earnings Decline
#PrivateCreditFund #DividendReduction #EarningsDecline #InterestRates #CreditMarket #InvestmentReturns #EconomicConditions #FutureStandard #KKR
A private credit fund, managed by Future Standard and KKR, has reduced its dividend to 48 cents per share from 70 cents. Bloomberg posted on X, the decision follows a drop in earnings due to declining interest rates and losses associated with underperforming investments. The fund's adjustment reflects broader challenges in the credit market, as economic conditions continue to impact investment returns.#PrivateCreditFund #DividendReduction #EarningsDecline #InterestRates #CreditMarket #InvestmentReturns #EconomicConditions #FutureStandard #KKR
🚀 Corastone Secures Investment for Blockchain Network Development
#Corastone #Blockchain #Investment #PrivateMarkets #Fidelity #FutureStandard #HamiltonLane #BlockchainNetwork #Funding #Infrastructure
Corastone, a company specializing in private market blockchain infrastructure, has attracted investment from Fidelity, Future Standard, and Hamilton Lane. According to NS3.AI, the funding will be used to advance Corastone's permissioned blockchain network, although the exact amount of investment remains undisclosed. The network is designed to offer a unified infrastructure and standardized data for private markets, facilitating increased transaction volumes and accommodating more intricate deal structures.#Corastone #Blockchain #Investment #PrivateMarkets #Fidelity #FutureStandard #HamiltonLane #BlockchainNetwork #Funding #Infrastructure