In a move that is long overdue, Jay Clayton, the US attorney for the Southern District of New York, said his office is looking at possible valuation discrepancies in the private credit marketplace.

SDNY probes private credit valuation discrepancies, with BlackRock TCP at the center. Investor caution advised amid regulatory scrutiny.

In a move that is long overdue, Jay Clayton, the US attorney for the Southern District of New York, said his office is looking at possible valuation discrepancies in the private…