JPMorgan enters private credit big leagues with USD 4bn Boeing unit financing
EXCLUSIVE: The bank takes down the third-largest piece of the giant unitranche, lending shoulder-to-shoulder with direct-lending giants

Blackstone plays ‘banker with a balance sheet’ to find lending deals
Blackstone’s BDC retreated to deploying in the upper middle market as the broadly syndicated market reclaimed large cap deals  

Blackstone reports 18% return from private credit over last 12 months
Blackstone's private credit and liquid credit returns outperform private equity investments in the last 12 months

Funds round up: private credit reaches for retail
A number of new credit funds launched last month to round out 2024's first quarter, including ones in Europe aimed at retail investors

Blackstone prices BDC CLO
The past few days have seen a bevy of action in the middle market CLO space – alongside Barings’ double deal and the new Athena II CLO from Blue Owl, Blackstone priced its first offering in the private credit space, with an upsized USD 492.665m transaction.

Blackstone combines credit and insurance divisions in major reorganisation
The newly-created BXCI unit will be led by Blackstone veteran Gilles Dellaert and aims to grow assets under management to $1 trillion over the next decade.

Louisiana retire system commits $100 million to direct lending fund

The Louisiana Teachers’ Retirement System puts $100 million into direct lending fund. 

San Francisco retirement system sets aside $55 million for private credit
San Francisco Employees' Retirement System reserves hundreds of millions of dollars for alternative funds, including private credit

Blackstone launches rated-note feeder for direct lending strategy
Blackstone has launched a rated feeder fund, which is linked to a direct lending strategy

Calpers allocates $2.5 billion to two large private debt managers
Pension giant Calpers has revealed $2.5 billion allocations to two private debt managers

Blackstone promotes Marshall to global head of private credit strategies
Blackstone has promoted Brad Marshall to global head of private credit strategies

Credit funds at a glance (November 2022)
A round up of fundraising and people moves in credit

Blackstone collects $4 billion on inaugural private credit green energy fund first close
Investors are big fans of Blackstone's new private credit green energy strategy, which focuses on renewables and energy transition 

LP round up: $2.7bn flows to 20 credit managers as investors battle PE overallocation
Investors faced huge headwinds in September with inflation, rising interest rates, and geopolitical turmoil, alongside the UK gilts sell-off at month end

Senior PM leaves Blackstone to join growing hedge fund
The capital formation head at Blackstone has parted ways with the firm to join another fund manager

Mid market CLO league tables: KeyBank notches first new issue credit
Managers priced one new issue and one reset in the mid market CLO space in June for a total of $603.1 million, the lowest monthly figure since January when $590 million was priced

Blackstone follows up static CLO with mid market deal
Blackstone Credit has begun July on an issuance spree as on Tuesday it priced its second new issue mid market CLO this year 

Mid market CLO league tables: Familiar feeling as Golub and Natixis lead after tumultuous month
Only $1.15 billion of mid market CLO issuance was priced in May, for the quietest month in the space since January

Credit funds at a glance (June 2022)
A round up of fundraising and people moves in credit
 
   

LP round up: Oak Hill wins $3bn mandate as credit allocations near $10bn in March
Institutional investors revealed over $9.5 billion of allocations to credit funds in March. Oak Hill Advisors walked away with the largest mandate, as US heavyweight pension Calpers allocated a whopping $3 billion across several of its funds

Mid market CLO league tables: diamonds are for 2019 and BCRED is for now
Middle market CLO issuance is off to a fast pace in 2022 as a busy February welcomed three new issue CLOs and three resets – adding $3.8 billion to this year’s tally of $4.39 billion

Blackstone prints largest CLO in $1.1 billion mid-market deal
Blackstone Credit has produced the fourth US CLO under the BCRED shelf with the firm pricing a $1.09 billion middle market CLO on Thursday

Credit funds at a glance (February 2022)
A round up of fundraising and people moves in credit

Blackstone secures $8.75 billion for lending fund
Blackstone Credit has collected $8.75 billion on the final close of its latest credit opportunities fund, Blackstone Capital Opportunities Fund IV, above its $7.5 billion target

Mid market CLO league tables: deal record breaks as Wells Fargo gains new issue lead
The mid market CLO space had a record-breaking month in November on three counts