Private Credit archive
Every Private Credit story, newest first. 431 stories
4 stories
- Fund launches & raises
Deloitte: 48% of fund groups refresh private credit daily using observable market inputs
Only 4% carry out a full daily update that revisits unobservable inputs, cash flow assumptions and methodology; Apollo has begun extending daily pricing across its $850bn credit business.
- Fund launches & raises
BlueOrchard and IFC seek $2bn for emerging market private debt fund
Tokio Marine Group anchored the $300m first close of the evergreen vehicle, which is aimed at pension funds, insurers and sovereign wealth funds.
- The Wrap
Brightwood Capital Advisors prices $253.55m CLO with GreensLedge as placement agent
Insurers, banks and asset managers indicated interest in notes rated AAA through BB, Brightwood Capital Advisors said.
- Fund launches & raises
Partners Group launches evergreen multi-sector private credit income strategy
The $186bn private markets firm is offering the strategy to institutional and private wealth investors and targets high single-digit to low double-digit returns.
7 stories
- Direct Lending
Brightwood Capital Advisors prices tenth CLO at $253.55m with GreensLedge as placement agent
The middle-market manager says it received indications of interest for notes rated AAA through BB from insurers, banks and asset managers.
- The Wrap
Endowus launches CVC-managed European direct lending strategy in Singapore and Hong Kong
The announcement names the manager and the two markets but not target size, minimum commitment, fees, liquidity terms or vehicle structure.
- The Wrap
Liberty Mutual takes an option to deploy $750m with Orion
Orion and Liberty Mutual have jointly committed $240m so far to the Credit Income Strategy, and HanseMerkur Grundvermögen has already issued a €40m green loan.
- Direct Lending
Lender commentary uses April 2025 bank survey to argue for broader underwriting
The Middle Market Growth piece includes a $5 million loan example and an $80 million-revenue business; its bank-tightening argument cites older survey data.
- Direct Lending
Symetra closes second CLO at $459m, upsizing from $400m
The manager says the deal carries a two-year non-call period and a five-year reinvestment period.
- The Wrap
Debtwire counts 39 French H1 2026 restructuring mandates as lenders take ownership
The 39 mandates cover €14.57bn of debt, and Alvarez & Marsal ties lenders' stronger hand to a 2021 cram-down reform.
- The Wrap
Debtwire counts 39 French H1 2026 restructuring mandates as lenders take ownership
The 39 mandates cover €14.57bn of debt, and Alvarez & Marsal attributes lenders' stronger hand to a 2021 cram-down reform.
4 stories
- Distressed & restructurings
France records 39 restructuring mandates in H1 2026 as lenders take ownership
Debtwire counted €14.57bn of debt across those mandates; Alvarez & Marsal ties creditors' stronger hand to a 2021 cram-down reform.
- The Wrap
M&G rehires Duncan Batty to lead real estate finance
Batty returns to M&G's £14bn-plus real estate finance arm after 12 years at the firm and a Revolut role, while Triple Point lends £55m to Perch in a £400m package.
- Direct Lending
Triple Point lends £55m to Perch Group in £400m package
The Blackpool debt purchaser adds a non-bank lender to a group that already includes NatWest, Hampshire Trust Bank, Shawbrook, Paragon Bank and Lloyds.
- Direct Lending
M&G rehires Duncan Batty to lead real estate finance arm with £14bn-plus deployed
Batty spent 12 years at M&G, latterly as co-head of real estate finance, and joins from Revolut, where he led commercial real estate lending.
3 stories
- Direct Lending
Endowus launches first standalone European direct lending strategy with CVC
The CVC-backed vehicle is open to investors in Singapore and Hong Kong, but the announcement omits target size, minimum commitment, fees, liquidity terms and vehicle structure.
- The Wrap
Tikehau adds private credit ELTIF to iCapital Marketplace
Tikehau's Luxembourg evergreen fund reaches wealth managers through iCapital's existing ELTIF 2.0 shelf; StepStone and ASB Capital's open-ended Shari'ah-compliant vehicle will lend mainly to US middle-market companies.
- Fund launches & raises
Tikehau makes European private credit ELTIF available on iCapital Marketplace
The Luxembourg evergreen fund joins iCapital's existing range of ELTIF 2.0 products for wealth managers in eligible EMEA markets.
6 stories
- Fund launches & raises
StepStone and Dubai's ASB Capital launch Shari'ah-compliant lending fund
The ASB StepStone Private Financing Fund will lend mainly to US middle-market companies and is being built as an open-ended, perpetual vehicle.
- Direct Lending
Barings names Sloan Sutta global head of its $60bn asset-based finance platform
Sutta joins from Crayhill Capital Management and reports to Martin Horne, with a remit to expand what the $60bn platform can underwrite.
- The Wrap
Toni McDermott of Arrow Global maps three private credit origination routes
The Private Debt Investor commentary separates direct origination, bank partnerships and synthetic risk transfer, and Arrow Global's €5.2bn fundraising went more to legacy credit than new loans.
- Fund launches & raises
Aviva Investors buys Adriana Infrastructure CLO, expanding its private debt platform
The FTSE 100 insurer's asset manager has held senior notes in the 2008-vintage vehicle since 2013 and now says further securitisation products, CLOs included, are coming.
- The Wrap
WhiteHorse Finance puts itself up for sale, BDC Reporter reports
The report names no buyer, price or timetable, as BDC Reporter called the sector's week one of its worst and Apollo pushed daily marks across an $850bn credit book.
- Direct Lending
Private credit sees opportunity in defence tech as mini prime contractors need capital
Connection Capital says it has held a defence tailwind view for six to nine months, and Celis research finds US investors supply 60 per cent of financing in European rounds above $200m.
1 story
- BDCs
BDC Reporter calls week ended Oct. 2 one of the sector's worst
The recap attributes the weakness to macro factors, reviews sector metrics nine months into 2026 and looks ahead without enthusiasm.
5 stories
- Direct Lending
Arrow Global's Toni McDermott maps three private credit origination models
The Private Debt Investor commentary argues the route a loan takes into a fund shapes what the end investor can underwrite, and Arrow's €5.2bn fundraising went more to legacy credit than new origination.
- The Wrap
Oaktree closes $2bn asset-backed fund as four managers still report zero sold
Oxford Finance raised $368m in five loans averaging above $70m, and Fidelity closed a $451m real estate debt fund.
- BDCs
WhiteHorse Finance puts itself up for sale, BDC Reporter reports
The IIQ 2026 performance summary carrying the news names no buyer, price, or timetable.
- The Wrap
Apollo extends daily pricing to its $850bn credit book
Apollo's $1tn platform extends July's daily pricing to direct lending marked from internal models, while 9fin puts information technology at nearly 36 per cent of $4.19bn in marked-down fair value.
- Fund launches & raises
HanseMerkur Grundvermögen launches sixth real estate debt fund targeting €500m
The insurer's investment arm has already issued a €40m green loan to refinance the Holiday Inn Express Düsseldorf Airport, while its parent will hold a permanent 20 to 30 per cent portfolio stake.
5 stories
- Direct Lending
Apollo extends daily pricing to direct lending across $850bn credit book
The $1tn manager is carrying the cadence it launched on investment-grade products in July into loans that rarely change hands, where marks come from internal models rather than trades.
- Who's investing
Liberty Mutual gets option to deploy $750m with Orion Infrastructure Capital
The pair have jointly committed $240m so far to the Credit Income Strategy, which will sit inside Orion's existing infrastructure credit business.
- The Wrap
Golub Capital invests $5m in AI credit developer F2 and deploys it across underwriting
9fin's Q2 BDC watchlist shows information technology at just under 36% of $4.19bn in marked-down fair value, with more than half the flagged credits maturing by 2029.
- Fund launches & raises
Oaktree closes debut asset-backed finance fund at $2bn
The Brookfield-owned manager raised the money across ABF I and related vehicles, with US public pensions and sovereign wealth funds among the backers.
- The Wrap
Metrics Credit Partners suspends three ASX fund redemptions after KPMG valuation dispute
The Australian manager marked the vehicles down by as much as 12.16 per cent, and the coverage describes no borrower default behind the gate.
5 stories
- Direct Lending
LSTA reissues outbound-investment credit agreement guidance without naming pending Treasury amendments
The September 30 market advisory updates the May 4 exposure draft and offers model provisions for credit and pledge agreements, but the public summary stops short of identifying the two developments behind the expected changes.
- BDCs
9fin's Q2 BDC watchlist flags 118 credits marked down 5 points or more
Information technology accounts for just under 36% of the $4.19bn in affected fair value, and more than half the credits mature in 2029 or sooner.
- Direct Lending
Bank of England warns private credit vulnerable as financing conditions tighten
The FPC's September record flags elevated risk-taking and floating-rate debt-servicing pressure, with its private-market stress test still unpublished.
- Fund launches & raises
Metrics Credit Partners suspends redemptions after KPMG valuation dispute
The Australian manager, which runs around A$40bn, halted trading in three ASX-listed funds and marked them down by as much as 12.16 per cent.
- The Wrap
Pemberton hires CLO head as Kartesia prices €459m and Värde hands off liquid fund
Kartesia's €459m debut clears at +129bp without arranger participation, four months after its loan-management launch.