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

Neuberger’s CIO says to focus on real interest rates
PODCAST: The rise in real yields because of government deficit spending, alongside ongoing huge demands for AI investment, are underpinning the rise in interest rates, says Ashok Bhatia, chief investment officer at Neuberger, on the latest episode of Credit Exchange with Lisa Lee

Up and at ’em, even in August
What August slowdown? Even as the summer sun beats down, credit market participants have been busy dealing with a pickup in volatility. The main culprit? Artificial intelligence. Questions are flaring about its near-term profitability amid a mind-boggling capex arms race. So this month, we feature a dive into data centre financing, where credit spreads are widening but issuers are still borrowing

‘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

Fund performance – August 2026
Most categories average flat returns in middling June

Credit hedge funds – August 2026
Credit hedge fund performance

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

Primary market set to break for summer as new money deals line up for post-summer launch – Europe Loan Digest
At least EUR 19bn of new money deals in the pipeline; Catalent and Groupe Premium close syndication, while Huws Gray, Virgin Media O2 and Altadia were in focus

Carlyle enters fundraising ‘super cycle’, racking up USD 30bn in inflows for 1H
The alternative asset manager also expects to be back in market with its flagship credit opportunities fund

Walkers further bolsters capital markets team with new partner hire
EXCLUSIVE: Law firm Walkers has added a new partner to its Dublin-based finance and capital markets team, as well as hiring two new associates and making two internal promotions

Buyout Highlights – Overview of Europe Buyout and Financing Trends 1H26
The European Buyout Highlights 1H26 shows that activity rebounded strongly in the first six months of the year, with aggregate sponsor-backed deal value rising 86% year over year to EUR 110.2bn, signaling a recovery in large-cap M&A despite a softer transaction environment overall

US SRT issuance volumes should increase in 2H – Crescent Capital
EXCLUSIVE: The firm projects 2026 global SRT issuance to hit USD 45bn after the first half of 2026 logged a record USD 18bn of issuance activity, Penny Tan, a senior director focused on bank capital solutions, told Creditflux

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

Aston Martin enters drop-down deal with HPS, Victoria gets more than 90% support for 2028s extension – Europe Distressed Digest
Aston Martin’s bonds came under pressure after a report emerged on 17 July that the carmaker was in talks with HPS Investment Partners over a potential asset-backed financing that could prime existing creditors

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

Consumer giants' portfolio overhaul pushes M&A to near-record highs
Unilever leads consumer giants’ retreat from underperforming categories; dealmakers shift attention toward fast-growing categories in beauty, health and wellness

Dispersion is creating value in credit despite tight spreads – PIMCO
PODCAST: While index spreads remain tight, dispersion is quite elevated, which rewards those who do the credit work, says Lotfi Karoui, multi-asset credit strategist at fixed-income behemoth PIMCO, on the latest episode of Credit Exchange with Lisa Lee

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

Lenders line up to join Barclays on Persistent Systems-Nagarro acquisition loan
SBI, HSBC, Citi, and MUFG may join syndicate; deal valued at USD 1.4bn, with EUR 81 per share offer price

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