Individuals account for nearly a quarter of private credit investor base – Alternative Credit Council
The global private credit market grew to around USD 3.5tn in assets at the end of 2024, according to a new report from the Alternative Credit Council and Houlihan Lokey 

Allianz GI raises EUR 1.2bn to fund private debt secondaries
The sophomore fund held a first close and will pursue private debt secondaries deals globally

Bain special situations, SMBC launch European lending joint venture
The two will provide up to EUR 1.5bn in senior secured debt to borrowers across the UK and Europe in a flexible strategy

Opacity and falling returns create pessimism around private credit – Morningstar
EXCLUSIVE: Morningstar’s Dan Kemp warns of too much money chasing too few opportunities, and urges investor caution in private credit

AI capex set to expand at unprecedented speed and scale – BlackRock
The 2026 outlook from the BlackRock Investment Institute notes that capital spending ambitions tied to the buildout of the artificial intelligence boom are so large that the micro is becoming macro

17Capital plans close of second credit fund in early 2026
EXCLUSIVE: The fund's AUM is expected to substantially exceed the first fund's EUR 2.6bn AUM

Carlyle AlpInvest backs Investec’s debut European senior direct lending fund
AlpInvest led a secondaries transaction that helped launch the EUR 400m fund

Wafra backs European private credit manager with minority stake
The Kuwait-linked alternative asset manager made the investment in Ardian via its strategic partnership program

ICG hits USD 7.5bn fundraising mark for hybrid private debt fund
ICG Europe IX is now three-quarters of the way to its EUR 10bn target

Amundi to take ICG stake as the two launch a private wealth partnership
The two firms will start by creating a private debt European evergreen fund and private equity secondaries-focused European evergreen fund

Campbell Lutyens hires former L&G MD for GP capital advisory biz
Hannah Gore-Randall joins the global private capital advisory firm after Legal & General discontinued its balance sheet-driven GP stakes programme

Morgan Stanley launches private market fund for European individual investors
The new product from Morgan Stanley Investment Management will invest across private equity, private credit, real assets and some public assets

CVC launches dedicated private credit secondaries platform
The alternative asset manager tapped Henri Lusa, a former managing director at Partners Group, to lead the new effort

CLO investor Pearl Diver targets USD 1.5bn for SRT interval fund
The global structured credit manager will use the new institutional, open-ended vehicle to invest in first-loss or mezzanine tranches of significant risk transfer deals

Venture debt firms sound first notes of caution about AI
Venture debt loves a high-growth industry, and the growth story of the century has been artificial intelligence (AI). As some of the first investors in AI scale-ups, venture debt firms can take some credit for this success

Triple Point launches fund finance strategy with new hire
The London-based investment manager will now provide net-asset-value financing, subscription line financing, and GP financing to mid-market sponsors

Neuberger Berman raises USD 7.3bn for US direct lending
The firm held a final close for NB Private Debt V, which will be used to invest in senior secured, first-lien and unitranche direct loans

Polus raises EUR 890m for European special situations fund
The latest fund exceeded its original EUR 750m target, a source familiar told Creditflux

Ex-PJT Park Hill MD joins Churchill to help reach EMEA investors
Bynjar Agnarsson will focus on developing US private credit investment products for investors in Europe, the Middle East and Africa

Janus Henderson warns of underperformance in stressed loan market
The asset manager highlighted ‘pockets of fragility’ as the loan markets bifurcate

BlackRock’s EUR 5tn prediction for European private markets
Private credit, infrastructure and private equity are driving European private market investment to record highs

Dealmaking optimism appears in European credit – CVC
The alternative asset manager increased its European credit exposure during the third quarter after seeing a spread pickup

Regulators will see the benefits of private credit – Blackstone
The resilience of private credit will become clear following a review of the sector by UK regulators, says Blackstone’s Daniel Leiter

Private credit’s record dry powder reshaping competition and deployment
Record dry powder levels and weak M&A volumes are intensifying competition across European private credit

ABF increases the lending toolkit – Apollo co-head of asset-backed finance Bret Leas
PODCAST: Bret Leas, co-head of asset-backed finance at Apollo Global Management, says asset-backed financing has contributed to a significant widening of the financing toolkit, on the latest edition of the Credit Exchange podcast with Lisa Lee