KKR looks to scale multi-asset credit solutions as credit AUM grows
KKR’s credit AUM has grown by 50% since 2021, the firm revealed in a presentation by Christopher Sheldon, the firm’s global co-head of credit and markets

Private credit funds find their own version of a CLO reset
The private credit secondaries market has seen a rush of activity in recent years, driven by general partner-led deals. These private credit general partners can recruit private credit secondaries investors to essentially reset the clock on an older vintage fund and present an early exit option for limited partners in the existing fund

UBS O’Connor execs launch new private credit shop
EXCLUSIVE: Rodrigo Trelles and Baxter Wasson have launched RiverBay Capital after leaving the former private credit division of UBS last year, sources tell Creditflux

American firms target European private credit expansion in lower mid-market
US-based managers seek to capitalise on growing demand for European credit

Pemberton co-founder says M&A will drive European growth over the next decade
PODCAST: Symon Drake-Brockman, co-founder and managing partner at Pemberton Asset Management, tells Lisa Lee on the latest epiosde of Credit Exchange that the speed of the corporate market can contribute to creating highly competitive businesses which look more like the US

Allianz GI leads secondaries deal for Jefferies’ European direct lending fund
Jefferies Credit Partners, the asset management division of Jefferies, held a first close for the fund and now has an estimated USD 4bn for the strategy

CVC hires TPG's Sisitsky as future co-CEO as Rob Lucas plans to step back
CVC’s CEO Rob Lucas will step back from his role, to be replaced with former TPG president Todd Sisitsky and current CVC President Peter Rutland as co-CEOs, according to a company announcement

Oak Hill Advisors’ CIO says private credit shops could end up owning more companies than in the past
PODCAST: The impacts of ongoing AI dislocation and over-levered deals mean private credit managers could end up owning more companies than they have traditionally done, predicts Alan Schrager on the latest episode of Credit Exchange with Lisa Lee

Bridgepoint closes EUR 1.2bn private credit secondaries deal
Secondaries specialist Pantheon backed the transaction, which involved using a continuation vehicle to buy up assets in Bridgepoint Credit’s 2017 vintage direct lending assets

Direct lending leads M&A funding and sustains new-money volumes through periods of volatility – DebtDynamics EMEA
Direct lending has consolidated its position as the main source of funding for leveraged mergers and acquisitions in Europe, according to Debtwire data

PGIM appoints Robert Scheer as head of DACH direct lending
The newly-created role will see Frankfurt-based Scheer leading PGIM’s sponsor-led direct lending activity with responsibility for originating, structuring, negotiating and underwriting transactions across the DACH region

Ares co-head of US direct lending says there is real dispersion for the first time in years
PODCAST: Speaking with Lisa Lee on the latest episode of Credit Exchange, Kort Schnabel notes that dispersion among direct lenders is manifesting in a few different ways

Banks, managers add staff for private credit syndication
Banks see private credit syndication as a way to reclaim fees as more borrowers tap both private credit and broadly syndicated loan markets, Mission Staffing managing director Eric Vaheb told Creditflux

North American private credit fundraising tumbles, ceding ground to global strategies—S&P Global
While fundraising boomed for European and multi-region private credit strategies, private credit focused on North America dropped 13% year-over-year

Private credit trading has reasons to grow despite slow take off in Europe
Banks try to establish a secondary market for private credit; large unitranche deals drive private credit trading growth, while semi-liquid funds require asset trading to manage portfolios and meet redemptions

Foreign currency movements erase credit net returns at CPP Investments
Net returns across private and public credit fell to 3.7% in fiscal 2026 from 14.4% in 2025, the Canadian institutional investor reported

‘Private credit is in a Darwinian moment and returns are lower’
Private credit is having a “Darwinian moment”, says Golub Capital co-CEO David Golub, with the private credit veteran predicting the once-hot alternative asset class is about to experience a temporary period of lower returns and lower capital inflows, leading to fewer — but larger — firms

Secondaries emerge as preferred solution to liquidity and deployment pressures – Private Credit Comment
With a subdued M&A market stymying sponsors’ exit opportunities, and confronted with a more challenging backdrop for fundraising, some direct lenders in Europe are eagerly exploring private credit secondaries as a new avenue that can bolster liquidity for the asset class

Coller’s head of credit says volatility benefits secondaries market growth
PODCAST: Volatility is "a very good thing" for private credit secondaries, says Michael Schad, head of credit at Coller Capital, on the latest episode of Credit Exchange with Lisa Lee

Bridgepoint closes fourth direct lending fund with EUR 5.1bn, topping target
The fund had previously set a fundraising target of EUR 4bn for Bridgepoint Direct Lending IV

Golub adds managing director to European direct lending team
Timothée Delisle previously held positions at firms such as Morgan Stanley, Alcentra, BlackRock, and HSBC

Blackstone, Wellington and Vanguard collaborate on all-in-one private market vehicles for wealth channel
The three asset managers have launched two products that will give individual investors exposure to a mix of private market assets within a single allocation

GoldenTree hits USD 2.75bn hard cap for sophomore private credit fund
The firm’s employees and partners committed USD 50m to the fund, the company announced

Vistina builds out team and opens London base after Moody’s hire
EXCLUSIVE: After hiring Moody’s executive and ratings expert Jeanine Arnold, private credit advisory firm Vistina is expanding its European footprint

Private credit and direct lending to grow their share of the loan market—LMA report
A new LMA survey of 234 loan market professionals found that 43% believe private credit and direct lending will grow their share of the EMEA loan market by 2040