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

Silver Point taps former Golub head of structured products for new role
Alan George joins Silver Point Capital in the newly-created position of head of credit finance and leverage solutions

New Mexico doubles Sixth Street commitment, NYS pensions disclose credit investments
New Mexico SIC upsizes Silver Street TAO commitment to USD 800m; NYSTRS commits to Turning Rock, NYSCRF commits to 57 Stars

Jefferies Credit Partners reaches European direct lending first close in just six months
EXCLUSIVE: The asset management business accelerated the first close by tapping the bank’s private capital advisory team to run a dual secondaries and primary capital raising process

Audax ties Churchill in 1H26 US direct-lender rankings as deal sizes increase – 1H26 US Direct Lender Rankings
US direct lending volume was broadly stable in the first half of 2026, reaching USD 155.6bn across 1,645 deals, compared with USD 154.2bn across 1,716 transactions in 1H25, according to Debtwire's 1H26 US Direct Lender Rankings report

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

North Carolina, CalPERS disclose billions in recent debt SMA allocations
NCIA commits USD 3.3bn to private credit across three managers; CalPERS discloses USD 2.3bn in 1Q26, including Blue Owl investment

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

Smaller, midsize insurers follow the trend into private credit, as managers find solutions to regulatory hurdles
Asset managers saw private fixed income investment from insurance clients jump 141% from 2021 to 2025, more than any other asset category, according to a report from Clearwater Analytics

New Mountain refinances rated feeder
Wells Fargo arranged the repricing of Guardian IV Rated Feeder I, in a deal valued at just over USD 178m

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

Capital One building a team in private-fund secondaries, private-capital raising
The Tysons, Virginia-based bank is looking for a managing director to lead the new Capital Solutions team

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

US direct lending deal volume falls off in 2Q, even as lenders become more open to AI risk—Configure
Sponsor-backed direct lending deal volume tumbled to less than half of what was recorded for the first quarter

Churchill taps King Street’s former head of capital solutions to lead new strategy
The Nuveen Private Capital subsidiary is launching its own capital solutions strategy that will provide senior and junior private debt to companies seeking customized financing

Share prices soar as Apollo, BlackRock, Blackstone, Brookfield, Goldman and KKR plan AI financing partnerships with NVIDIA
The technology company specializing in GPU development has signed memorandums of understanding with the six firms to establish independent compute financing platforms and deploy more than USD 500bn of capital

Silver Point enrolls in Learning Care ahead of crucial school year
Silver Point CLO and BDCs active buyers of Learning Care's 2028 term loan; funds managed by Ares, Carlyle sell or reduce positions in term loan

Private credit overthrows public fixed income as insurers’ top allocation priority – Mercer
Many insurers are seeking higher yielding investment options and have excess liquidity in their current investment grade portfolios, Mercer head of insurance solutions Eryn Bacewich told Creditflux

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

Some BDCs find early success in race to bring down redemption requests
EXCLUSIVE: Most perpetual nontraded BDCs, however, are expected to see elevated redemption activity throughout 2026 and possibly into 2027

Listed BDC BlackRock TCP will continue to realize losses even after portfolio sale – Fitch Ratings
The ratings agency is holding its negative rating outlook as the USD 523m portfolio sale to deleverage the listed BDC is unlikely to be enough to fight pressure on net investment income and dividend coverage

BC Partners' Rovner joins Runway Growth Capital as co-CEO
Michael Rovner, former managing director at BC Partners, has been named co-CEO and co-CIO at Runway Growth Capital

HarbourVest backs Willow Tree’s USD 730m private credit continuation vehicle
The continuation vehicle acquired a portfolio of primarily first-lien loans to sponsor-backed companies from the late 2020-vintage Willow Tree Fund II and parallel funds

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