Goldman’s global co-head of private credit says dispersion in performance is increasing
PODCAST: Speaking with Lisa Lee on the latest episode of the Credit Exchange podcast, Goldman Sachs’ global co-head of private credit James Reynolds says LPs are currently flocking to quality and scale

Barings raises more than USD 19bn for global direct lending strategy
The firm raised capital from institutional, insurance and private wealth investors globally

Golub shakes up leadership with co-CEOs, co-Presidents appointments
The alternative credit manager will have three co-presidents after promoting Spyro Alexopoulos and hiring two new executives

Mapping the future together
Credit market players are getting on with business, looking through the conflict in the Persian Gulf, and dealing with the resultant rise in inflation, all while hurriedly adapting to AI, which many are labelling the greatest transformative technology in our lifetimes

AI is reshaping capital markets, say Milken confab attendees
Artificial intelligence will be the most transformative technology of our lifetime, reshaping everything, including capital markets. This was the dominant prediction at the annual Milken Global Conference 2026

Borrowers increasingly asking how dependent lenders are on retail money – Churchill CEO
As investor redemptions have become an increasingly prominent theme in private credit, borrowers are questioning lenders about their reliance on retail capital, according to Churchill president and CEO Ken Kencel

BlackRock launches Preqin tools to enhance private credit transparency
BlackRock Aladdin has launched a new suite of private credit solutions on Preqin to address transparency queries around the sector

Mubadala leans into private credit despite negative headlines
Other panellists during the 2026 Milken Institute Global Conference also said they expect the asset class to grow and support companies’ capital expenditure needs

Blackstone’s head of international says negative private credit headlines should wane soon
PODCAST: Dan Leiter, head of international and global head of liquid credit strategies for Blackstone Credit and Insurance, tells Lisa Lee on the latest episode of the Credit Exchange podcast there is also more clarity to come on the disruptive effects of AI, as it becomes more evident where there will be significant disruption and where moats will prove more robust than expected

Lazard to acquire Campbell Lutyens in private funds push
The USD 575m acquisition will create a third global division known as “Lazard CL” that will focus on fund placement, advisory on fund secondaries and GP capital advisory

Credit issuance pipeline continues to build despite temporary pause—KBRA
Issuance will be ready to resume once the market stabilises, according to Gordon Kerr, European macro strategist at KBRA

NAV lending concerns abate, borrowing costs decline – survey
Survey respondents in the Haynes Boones fund financing report said pricing for net-asset-value loans and subscription lines has come down in 2025 compared to 2024 

Guggenheim’s Zable warns on rapid pace of AI disruption
EXCLUSIVE: Most managers are not prepared for the pace of change in the software loan space, Guggenheim CLO chief Rob Zable said at the Creditflux CLO Symposium

CLO community turns out in force for 18th annual Creditflux Symposium and Awards
EXCLUSIVE: Award winners celebrated, while the stars of the CLO industry came out in force to share predictions, tips and deal making opportunities

Cautious optimism prevails at second day of Creditflux CLO Symposium
EXCLUSIVE: Hundreds of delegates gathered at the Chancery Rosewood in London to talk software, shipping, and the shifting dynamics in the global CLO market

Benefit Street Partners CEO says private credit’s doomsday scenario is overblown
PODCAST: The ‘doomsday scenario’ for software loans represents a complete over-exaggeration, says David Manlowe, CEO of Benefit Street Partners, on the latest episode of Credit Exchange with Lisa Lee

Iran War to increase corporate default rates globally — IACPM Survey
Though the credit market is absorbing new leveraged loan issuance amid geopolitical uncertainty, credit managers expect the war to drive a rise in defaults

ICG’s head of US liquid credit says Iran war will cause pain for consumers, housing
PODCAST: Consumer-related aspects of the economy – ranging from housing and travel to apparel and retail – are already “feeling a decent amount of pain”, and the trend is expected to continue, according to ICG's David Saitowitz, speaking on the latest episode of the Credit Exchange podcast with Lisa Lee

Private credit in the crosshairs: stick to the plan or relax rules?
The private credit industry has faced a test of nerves in recent months as a swarm of investors rushed for the exits only to find their off-ramp blocked. As the pressure builds, credit managers are asking themselves whether they should stick to the advertised redemption rules for their vehicles, or lift the barricade to let skittish investors exit with their money

Hayfin co-head of direct lending says European private credit better geared to weather uncertainty than US
PODCAST: European private credit is less exposed to software as well as retail withdrawals, making them better positioned than their US counterparts to weather uncertainty, says Marc Chowrimootoo, co-head of direct lending at alternative asset manager Hayfin, on the latest episode of the Credit Exchange podcast with Lisa Lee

European direct lending opportunity grows as US faces headwinds—AlbaCore
EXCLUSIVE: Outflows from select US direct lending vehicles could result in European direct lending spreads, particularly on larger deals, widening even further, Luke Gillam, head of senior direct lending, told Creditflux

Majority of LPs expect to mix public and private credit despite liquidity challenges – BSP survey
Within the next five years, 59% of global institutional investors expect to take an integrated approach to public and private credit investments, new research from Benefit Street Partners shows 

Napier Park’s CIO says firm has stockpiled cash to buy mispriced assets
PODCAST: The alternative asset manager, which oversees USD 40bn in AUM, has been prepping for a repricing of financial assets that predates the Iran war and the software crisis, according to its Chief Investment Officer, Jonathan Dorfman, speaking on the latest episode of Credit Exchange with Lisa Lee

Kennedy Lewis, Bank of Ireland strike European LBO financing partnership
The US private credit manager is committing EUR 2bn so the partners can offer tailored financing options to mid-market private equity sponsors that will span bilateral, club, and syndicated loan structures

Direct lenders hit hard as credit market reels from war and AI
Volatility has come back to credit markets. Artificial intelligence’s impact on corporate earnings, a war in Iran that is ensnaring the rest of the Middle East and upticks in inflationary pressures are weighing on managers