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Private Credit’s $10 Billion Redemption Wave Tests the Limits of a $1.5 Trillion Boom
By John Grey
Wealthy investors are voting with their feet. In the first quarter alone, more than $10.1 billion in redemption requests have poured into some of the largest private-credit and direct-lending funds, according to data circulating among market participants and confirmed by multiple fund managers. Blackstone, BlackRock and Morgan Stanley have already begun rationing payouts, honoring roughly 70% of requests so far and invoking quarterly caps or injecting their own
investment33
Mar 234 min read


China’s Grassroots Sports Pivot Fuels a Private Equity Bet on Pickleball
By SK Lee As China rolls out its blueprint to become a global sports powerhouse, a hybrid of tennis, badminton, and ping-pong is emerging as an unlikely beneficiary of Beijing’s policy pivot. Pickleball, currently the world’s fastest-growing sport, is catching the attention of both state planners and private capital. As Beijing shifts its focus from an elite, podium-driven model toward mass fitness and grassroots athletics, investment firms are betting that the sport’s low ba
investment33
Mar 123 min read


JIL’s Take on AI: Kung Fu Robots Herald China’s Fire Horse Leap in AI
By John Ian Lau Kung Hei Fat Choi! As we gallop into the Lunar Year of the Horse, may prosperity and innovation charge forth like a spirited stallion. In the I Ching, the Year of the Fire Horse—spanning February 17, 2026, to February 5, 2027—embodies radiant volatility and unrestrained energy. The heavenly stem “Bing” (丙) aligns with the sun’s bold fire, paired with the earthly branch “Wu” (午) for Horse, amplifying themes of expansion, ambition, and technological disruption.
investment33
Feb 173 min read


The AI Tsunami: Abundance vs Scarcity
By John Ian Lau
JiL’s Take on AI In the quiet corridors of economic think tanks and the bustling halls of government, a profound perplexity is setting in. The future of human society, once plotted along predictable curves of growth and constraint, now teeters on the edge of an unprecedented transformation. On one hand, artificial intelligence and robotics promise hyper growth—an explosion of productivity that could redefine prosperity. On the other, the very foundations of i
investment33
Feb 155 min read
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