Pantheon closes oversubscribed private credit secondaries fund
The secondaries specialist raised USD 2.2bn for its Pantheon Credit Opportunities III fund and related vehicles

Fund performance – May 2025
All fund categories head back into the black after two tough months

Credit hedge funds – May 2025
Credit hedge fund performance

Credit funds at a glance – May 2025
Our roundup of top performers, fundraising and moves in credit

Default expectations rise as tariff threats to North America deepen – IACPM survey
Credit portfolio managers across the world see tariff-related headwinds for both the US and Canada

Paradigm shift in US economy lessens likelihood of tariff-induced recession – Sound Point’s Stephen Ketchum
The founder and CEO of Sound Point Capital Management told Creditflux managing editor Lisa Lee on the latest edition of the ‘Credit Exchange’ podcast that he currently sees credit markets as being in a state of “reasonable balance”

BCI anchors Arini’s debut private credit fund with USD 200m
In addition to backing the new European direct lending fund, the institutional investor giant plans to deploy more than USD 400m in related co-investments

US pensions' push into European private credit involves local expertise pursuit, mid-market strategy differentiation
The European credit market is expected to benefit from recent fiscal stimulus announcements and lower primary tariff impact, while mid-sized managers are likely to see growing demand for differentiated strategies

Investors opt for debt as alternative to secondary sales to generate liquidity
Investors are increasingly seeking financing as an alternative to selling their fund stakes on the secondaries market

Fund performance – April 2025
April returns show small improvement, but CLO funds struggle

Credit hedge funds – April 2025
Credit hedge fund performance

Credit funds at a glance – April 2025
Our roundup of top performers, fundraising and moves in credit

Pemberton expands into North America with new office, hires
The European private credit shop has established an office in New York

US pensions increasingly eye European private credit amid expanding allocations, diversification pressures
US public pensions have committed at least USD 4.4bn to European private credit strategies since July 2024  

Energy, not software, will drive the next decade – Apollo's John Zito
Private credit is poised to fund those necessary investments in energy and power and help large companies diversify their capital sources

Volatility could cause credit markets to break this year – TCW’s Bryan Whalen
PODCAST: Investors aren’t being paid enough of a premium for the risks in US corporate credit, TCW’s chief investment officer of fixed income told Creditflux’s Lisa Lee on the latest ‘Credit Exchange’ podcast  

PNC Bank to buy Aqueduct to grow fundraising service capabilities
The acquisition will add to the existing capital advisory services provided by PNC subsidiary Harris Williams

Former Platinum Credit MD joins multi-manager platform Schonfeld
Jordan Stevens previously served as a senior credit deal lead for Platinum Equity’s private credit platform

Invesco raises more than USD 700m for distressed debt, special situations investments
Invesco Credit Partners III has yet to hold a final close and has already surpassed the size of its predecessor

Fund performance – March 2025
Corporate distressed stays positive as other categories take a dive

Credit funds at a glance – April 2025
Our roundup of top performers and moves in credit

Credit hedge funds – March 2025
Credit hedge fund performance

Crestline raises USD 3.5bn for sponsor and nonsponsor-backed direct lending
The firm held a final close for its Crestline Direct Lending Fund IV

Metric raises EUR 1bn for fifth flexible private capital fund
Under the strategy, the asset manager provides flexible financing that does not fit into traditional private debt or private equity

Private credit’s golden era never really ended – Blackstone’s Michael Zawadzki
On the Credit Exchange podcast, Lisa Lee speaks with the CIO of Blackstone Credit and Insurance about opportunities in volatile markets and the durability of private credit premiums