Fund performance – July 2026
Smaller gains in May moderate strong April performance

Credit funds at a glance – July 2026
Our roundup of top performers, fundraising and moves in credit

Credit hedge funds – July 2026
Credit hedge fund performance

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 vulnerable amid tightening financing conditions – Bank of England
The central bank is also keeping a close eye on AI-related companies’ increasing use of debt, including private credit

Co-head of Permira Credit says to brace for more complex, late-cycle environment
PODCAST: While the market is clearly late in the credit cycle, it is not yet obviously at the turning point, Ariadna Stefanescu, co-head of Permira Credit tells Lisa Lee on on the latest episode of Credit Exchange

AI outlook one of several key macro calls for investors – BlackRock midyear forecast
‘Scarcity versus abundance’ forms the key theme for the BlackRock Investment Institute midyear global outlook, which was published on Tuesday following the institute’s two-day forum earlier in June

Apollo records USD 13bn in private credit trading volume
In the 18 months since launching a dedicated trading desk focused on Apollo-originated private credit, the firm has worked with more than 100 unique counter parties, according to a new report

Canadian giant BCI launches IG private credit strategy with CAD 1.8bn
British Columbia Investment Management Corp., an institutional investor with more than CAD 300bn, seeded the new strategy and is creating a dedicated team

Hormuz disruption builds case for energy infrastructure investment, lenders and private capital maintain support
Hormuz disruption exposes fragility, drives urgent calls for energy infrastructure investment; banks and investors remain committed to financing energy and supply chain resilience

Canyon’s CIO says more distressed opportunities await
PODCAST: A looming maturity wall and problems in the software space point toward a return to more traditional distressed opportunities, says Jeff Kivitz, chief investment officer at Canyon Partners, on the latest episode of Credit Exchange with Lisa Lee

Private markets fundraising challenges to persist despite easing geopolitical concerns
LPs plan to maintain or increase deployments but more selectively; sanguine views on geopolitics suggest tailwind for China rebound

Orrick adds four more partners to growing structured finance team
Orrick has grown its structured finance team further with the addition of four new partners to meet “unprecedented” demand for ABS expertise

Carlyle’s deputy CIO of credit says inflationary cost pressures starting to emerge
PODCAST: Inflationary impacts are beginning to emerge and are hard to ignore, although they remain manageable for now, according to Carlyle's deputy CIO of global credit Alex Chi on the latest episode of Credit Exchange

Rate market dispersion and divergence is the theme for this year: El-Erian
Speaking at this year’s Global ABS conference, Allianz’s chief economic adviser and the former CEO of PIMCO Mohamed El-Erian said the most important issue currently facing the market is the sources and uses of funds

Goldman Sachs scopes out private credit opportunity
Opportunities are “everywhere” in private credit, as the dust starts to settle around the software sell-off, according to Goldman Sachs’ co-head of private credit James Reynolds

Fund performance – June 2026
Emerging markets hit top spot and CLO funds rebound after blip

Credit funds at a glance – June 2026
Our roundup of top performers, fundraising and moves in credit

Credit hedge funds – June 2026
Credit hedge fund performance

Barings reorganises leadership team, taps new president
Barings President Eric Lloyd is transitioning to the role of vice chairman

Investcorp launches AI investment framework for private markets
The asset manager has rolled out targeted argentic AI use cases across its portfolio, such as autonomous research, origination and reporting tools, and more

BCA’s chief geo-macro strategist says Iran war could result in surprisingly aggressive rate hiking cycle
PODCAST: Speaking with Lisa Lee on the latest episode of the Credit Exchange podcast, macro and geopolitical expert Marko Papic says there are a number of inflationary elements coming together that could lead to more aggressive action than previously expected by the Fed and other central banks

BDC portfolio stress may be overstated – Moody’s
BDC portfolios may be exhibiting less stress than recent headlines might suggest, as a Moody’s analysis finds that many discounted positions do not represent significant valuation deterioration

Eurazeo closes its largest ever direct lending fund with EUR 3.9bn raised
Eurazeo Private Debt VII raised EUR 3.9bn at closing, exceeding its EUR 3bn target

Barings co-head of global investments says investors can expect to see more trading of private credit loans
PODCAST: Speaking on the latest episode of the Credit Exchange podcast with Lisa Lee, David Mihalick says it is natural to expect an increase in activity as people increase their portfolio allocations to private markets