Private credit investors chase higher risk-return—Campbell Lutyens
A new survey shows investors are seeking higher returning strategies amid expectations of lower rates, while also turning away from the dominant North American market

Pemberton reorganizes, appoints new private credit leaders
The firm’s chief credit officer is leaving at the end of March, the company said

Sixth Street raises EUR 7bn for European direct lending
FUND LAUNCH: The Sixth Street Specialty Lending Europe III fund held a final close at its hard cap

Direct lending poised to break records but...
Although the volume of direct lending is burgeoning and likely to set a full year record in 2025, questions are growing about lending standards and the sector’s impact on financial stability

Can funds find pots of gold in Europe?
For years, US private credit has been tapping high net worth individuals. Now funds are trying to do the same in Europe — but markets across the pond are fragmented and heavily regulated

How direct lending took off in Europe
In the second of our two-part history, we look at the evolution of direct lending in the UK, the sector’s expansion to other parts of Europe, and its growth into a dominant asset class

CAPZA raises EUR 1bn for senior direct lending strategy
The latest fund is already 60% deployed, and CAPZA is planning to launch the next vintage in the series in 2026

Individuals account for nearly a quarter of private credit investor base – Alternative Credit Council
The global private credit market grew to around USD 3.5tn in assets at the end of 2024, according to a new report from the Alternative Credit Council and Houlihan Lokey 

Allianz GI raises EUR 1.2bn to fund private debt secondaries
The sophomore fund held a first close and will pursue private debt secondaries deals globally

North American and European credit defaults to fall next year – S&P Global
Global credit default rates will remain contained next year with North American defaults falling to around 4% 

CLO issuance projected to hit new records in 2026 – KBRA
The ratings agency projects USD 220bn in issuance across US BSL CLOs and private credit CLOs as well as five to six European private credit CLOs next year

Carlyle AlpInvest backs Investec’s debut European senior direct lending fund
AlpInvest led a secondaries transaction that helped launch the EUR 400m fund

Hayfin's Gina Germano steps back from running European CLOs, Jason Late to take over
Previously a portfolio manager at Man Group, Late will replace Germano as head of European high yield and syndicated loans, including CLOs

Neuberger Berman raises USD 7.3bn for US direct lending
The firm held a final close for NB Private Debt V, which will be used to invest in senior secured, first-lien and unitranche direct loans

Polus raises EUR 890m for European special situations fund
The latest fund exceeded its original EUR 750m target, a source familiar told Creditflux

European direct lending poised for record year despite 3Q M&A slowdown
Direct lending volumes in Europe in 3Q25 amounted to EUR 27.4bn across 310 transactions, according to the Debtwire European Direct Lender Rankings

Blackstone raises USD 1.6bn for new high-yield ABF strategy
The alternative asset management giant is targeting USD 4bn for its new high yield, private-asset-based finance fund

How direct lending took off in Europe
In the first of a two-part history, we look at direct lending’s origins in US junk bonds, its leap across the Atlantic and the rise of the huge firms that now dominate the European industry

CVC closes latest European direct lending fund with EUR 10.4bn
The firm’s fourth fund, EUDL IV, has already committed to more than 30 investments

Carlyle nabs head of direct lending origination from Golub
EXCLUSIVE: The firm also hired a second managing director focused on originations as it re-staffs its direct lending franchise

Evolving M&A is transforming the capital formation landscape – KKR
'Critical' link between M&A and credit is set to fuel growth in private markets

Rothschild’s Five Arrows closes fourth direct lending fund at EUR 2.4bn
Five Arrows Debt Partners IV is more than 70% larger than its predecessor fund

Corinthia Global Management hires Ares alum in New York
The global private credit manager has hired former Ares partner Craig Shirey to serve as a managing director

Park Square and Nomura plan private credit partnership
EXCLUSIVE: The two parties are negotiating a partnership in which Nomura’s US investment banking unit would help Park Square source unitranche deals in the US

CVC raises USD 700m for CLO equity fund, plans new products
The European private credit manager also expects to hold a final close for its European Direct Lending Fund IV in late 3Q