Travelodge working with Freshfields as bondholders query capital structure
Hotel operator has historically worked with Kirkland & Ellis; debate regarding whether lease reprofiling alone will achieve sustainability

Franklin Templeton open to further acquisitions
Franklin Templeton lacks scale only in infrastructure, on debt and equity sides; looking to balance proportion of US assets, interested in European and Asian expansion

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

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

Credit hedge funds – September 2026
Credit hedge fund performance

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

JPMorgan levfin conference suggests market is booming as top trade ideas pitched
Conference panellists include Sir Tony Radakin and Mike Pompeo; overweight trade ideas included CPI Property, Ocado and VMED O2 VFNs, while underweight pitches were Flora Food, Volvo Cars and PolarDC

Goldman Sachs conference flags levfin buoyance with EUR 60bn pipeline and tempting trade ideas
Robust primary leveraged finance market activity expected; pipeline includes EUR 40bn M&A financing

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

Altice International loans decline while Centrient notes rise – Market Comment
Luxembourg-based telecoms company Altice International’s EUR 400m and EUR 800m Euribor-plus-500bp 2027 loans have declined by 2.625 points this morning (8 September) to 59.75 points from yesterday’s 62.375-mid at close, according to IHS Markit

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

Bids due today on loan BWIC totalling around EUR 56m
A bid-wanted-in-competition (BWIC) portfolio totalling roughly EUR 55.81m of loans was circulating the market, according to two sources familiar with the matter

August 2026 European Leveraged Loan & High Yield Bond Market Scorecard
Debtwire has released the August 2026 European Market Scorecard, highlighting key leveraged loan and high yield bond statistics

KKR adds global credit and markets MDs in Europe
The alternative asset management giant has hired BofA’s former head of EMEA corporate debt capital markets, alongside a managing director in JPMorgan’s M&A group

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