Private Credit & BDCs: archive
Every Private Credit & BDCs story in Alternatives, newest first. 23 stories
1 story
Blue Owl Credit and Technology fill 29.8% and 12.8% of Q3 requests
Requests totaled 341.4 million OCIC shares and 108.6 million OTIC shares, and both funds held buybacks to 5% of shares outstanding.
4 stories
ASIC blocks Fidante issuing units in $799.9m Ares credit fund
The 21-day interim order also covers the product disclosure statement and advice to retail clients.
Bank of England reviews Barclays' private credit loan risk booking
The review follows an insider complaint about total return swaps used to finance loans to private credit firms, the FT says.
Fitch: 13 of 15 non-traded BDCs average 9.8% Q3 redemptions
The average fell from 10.3% in the second quarter, with 5% quarterly repurchase caps leaving clients waiting quarters to exit.
Meiji Yasuda plans ¥200 billion Man Group commitment
The Japanese insurer intends to deploy the money over three years with a private credit focus, and may buy about 5% of Man Group.
1 story
Private credit assets climb 17% to $4.1 trillion
The Alternative Credit Council's Oct. 22 report says one-sixth of surveyed funds report non-accrual rates above 5%.
3 stories
Jefferies credit secondaries head joins LSTA podcast on liquidity
Episode 7, published Oct. 23, covers continuation vehicles, deal pricing and where the market is heading.
Partners Group closes $510M rated feeder for evergreen credit
U.S. insurers bought the notes, lifting the 2026 rated-feeder total to $875 million, HedgeCo News reported.
eCapital provides $18m ABL to forged-steel parts maker
The facility used an existing equipment appraisal to close on the borrower's timeline; proceeds included a partial sponsor equity repatriation.
1 story
U.S. private credit CLOs total nearly $200 billion
Barings sizes the whole CLO market at about $1.5 trillion and says CLOs are spreading into direct lending and infrastructure debt.
2 stories
Apollo Debt Solutions BDC caps redemptions as NAV falls to $13.5B
Third-quarter tender requests equaled 14.7% of shares against a 5% repurchase; leverage rose to 0.96x from 0.73x in March.
German insurers' private credit hits 9.3% of invested assets
Moody's says the end-2024 figure is above the 7.5% European average and sees insurers' credit strength holding steady.
1 story
Moelis-linked Steele Creek BDC to liquidate after 66.5% vote
Directors chose a wind-down over an interval fund conversion, citing sub-scale size and BDC reporting costs.
4 stories
Fitch finds 2.7% non-accruals in eight-BDC review, flags 2027 pressure
Fitch also said high redemptions and slower fundraising at non-traded BDCs could curb lending and ease competition.
True launches private credit hiring practice led by Rick Bank
The recruitment firm will place CEOs, CFOs, COOs and board members at credit managers, with TrueBridge supplying interim leaders.
EQT fee-generating AUM reaches €195bn as Coller adds €34bn
The Coller purchase closed Aug. 31 and the secondaries business now trades as Coller EQT.
Man Group private credit AUM flat at $14.1bn in third quarter
Alternative funds drew $1.9bn of net inflows and total assets reached $270.9bn, with growth concentrated in liquid strategies.
1 story
Bluerock High Income credit fund declares 17th payout at 8.1%
Seventeenth straight distribution pays about $0.45 per share; pre-waiver expense ratio reaches 4.61% on Class C.
2 stories
US investment grade private corporate credit sets $211.1B record
Issuance rose 33% in 2025; volume through June 2026 ran 69% ahead of the same period a year earlier, the Journal reports.
Arrow Global MD says insurance underwriting is its own strategy
Dan Adams, who runs the insurance arm, says the €20bn European MGA pool is underwriting risk, not just capital to manage.
2 stories
Crescent Private Credit Income CFO resigns; second exit since August
Gerhard Lombard, also CFO of the parent and of Crescent Capital BDC, was named interim; a separate filing adds Remora Capital.
Castlelake promotes Jackson and Sylvester to partner
Jackson runs residential mortgage finance; Sylvester leads client coverage at the $40 billion asset-based private credit firm.
1 story
John Hancock Comvest BDC assumes $250M JPMorgan facility
The merged nontraded fund assumes term SOFR plus 2% debt maturing November 2029.