Private Credit archive
Every Private Credit story, newest first. 431 stories
22 stories
- Direct Lending
KKR reopens Lending Partners shelf with $624m static CLO
The static, non-reinvesting deal turns an existing KKR portfolio into rated term funding while direct-lending volume stays thin.
- BDCs
BDC Reporter updates Main Street Capital's dividend outlook for 2027
BDC Reporter's revised 2027 payout projection gives income investors a fresh benchmark for Main Street Capital's dividend.
- Direct Lending
Silver Point buys Learning Care 2028 loan as Ares, Carlyle sell
A distressed-debt specialist takes the other side as two big private-credit managers trim the same 2028 term loan.
- Direct Lending
Capital One's fund-side buildout points to NAV-lending territory
The bank's new Capital Solutions mandate puts it next to the fund-finance business private credit runs on.
- Fund launches & raises
Janus Henderson AAA CLO ETF draws $5.7bn in 2026 inflows
Year-to-date inflows make it the second-largest active fixed income ETF, a daily-liquidity buyer of triple-A CLO paper.
- The Wrap
Carlyle, CVC, Golub lead Creditflux's July CLO rankings
Creditflux's July tables show Carlyle near $10bn in US BSL, CVC first in Europe, and Golub at 10% in private credit.
- The Wrap
Mountain Point prices second CLO, keeps BofA as arranger
A second CLO six months after its debut starts to build a repeatable track record for the new manager.
- Direct Lending
LSTA sets a documentation baseline for private credit
The LSTA's model provisions apply its syndicated loan forms to private credit, with a blackline to show the changes.
- BDCs
MidCap Financial may not last in current form, BDC Reporter says
The Apollo-managed BDC's latest conference call caused a stir over its future, according to the outlet.
- Direct Lending
KKR and Sculptor bring seasoned European CLOs back to market
Avoca XXI and Sculptor CLO VI reset through Citi and JPMorgan, a sign that seasoned European collateral still has carry.
- Direct Lending
CIFC and Palmer Square price third CLOs of 2026 at 121 bp
Repeat issuers hold new-issue spreads at 121 basis points while the direct-lending calendar turns quiet.
- Fund launches & raises
LSTA filed a 2012 comment on the SEC's securitization conflicts rule
A gated, dated comment letter keeps the trade group on the record in a rulemaking CLO managers still watch.
- Direct Lending
LSTA posts SLOO review, keeps it behind member wall
The trade group's second-quarter read on loan officer opinion is reserved for members.
- Fund launches & raises
Onex Credit posts record fees while credit marks slip
Onex Credit's record fee quarter and a $500m fund close with AIG show how the firm is leaning on structured credit, even as a $5m mark loss muddies the picture.
- Fund launches & raises
Star Mountain closes first collateralised fund obligation with Evercore
The rated vehicle gives insurers and institutions investment-grade exposure to US lower middle-market loans.
- Fund launches & raises
Pension anchor opens Homestead's first agriculture credit fund
A $150 million state pension commitment puts Homestead Capital's first agriculture private credit fund on track toward its $350 million target.
- Direct Lending
TPG Twin Brook pitches lower mid-market as patience play
A sponsored feature argues the segment's pricing premium and protections go to lenders who stay committed.
- Fund launches & raises
Three managers price $400 million CLO deals on a single Friday
Napier Park, Post Advisory and Blue Owl each priced a $400 million broadly syndicated loan CLO on Friday, per Creditflux.
- Direct Lending
NVIDIA signs six firms to $500 billion compute financing push
Memorandums of understanding could open a new private credit channel for AI infrastructure, but the hard terms are not public.
- Who's investing
Currency erases CPP credit gains, net return falls to 3.7%
A 10.7-point swing in a major institutional credit book shows allocators where the real risk lives.
- Distressed & restructurings
Distressed-for-control returns as SVB-era crunch makes lenders owners
Private Debt Investor argues the liquidity crunch that felled SVB is turning lenders into owners again.
- Direct Lending
HPS: AI buildout moves private credit beyond buyouts
HPS says AI infrastructure loans are judged on counterparty strength, not technology calls.
4 stories
- Direct Lending
Carlyle expects more amend-and-extends ahead of the 2028 wall
The firm's second-half outlook sees direct lenders pushing maturities past the wall.
- Who's investing
Mercer ranks private credit ahead of public fixed income for insurers
Insurer priorities now point to private credit; managers must turn the ranking into committed capital.
- Direct Lending
PGIM takes full Deerpath control as credit consolidation accelerates
Minority stakes are turning into full buyouts in private credit's 2026 M&A wave.
- Fund launches & raises
Partners Group closes $1bn Asian private credit mandate
An open-ended evergreen with a co-investment sleeve signals a deliberate institutional build in Asia Pacific direct lending.
5 stories
- The Wrap
Private-credit managers turn to selling as direct lending halves
Palmer Square weighs a sale while BlackRock TCP sells half its BDC portfolio into a continuation vehicle.
- Direct Lending
US direct lending volume sinks below half its first-quarter pace
A quarter-over-quarter collapse of this size resets near-term calculations for lenders and allocators.
- BDCs
BDC Reporter posts Q2 2026 scorecards for Hercules, Ares
The outlet calls Hercules an early-season standout and applies the same review to BDC giant Ares Capital.
- Fund launches & raises
Palmer Square explores sale while weighing growth options
The CLO and private-credit manager is in early conversations about a possible sale, with organic and inorganic growth options under consideration, according to Creditflux.
- BDCs
BlackRock TCP sells nearly half its BDC portfolio to a continuation vehicle
A ground-breaking continuation-vehicle sale cuts TCPC's income base and raises the odds of a sale of the remainder.