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

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

Australian regulator joins chorus voicing private-credit concerns
ASIC has warned of sector failings in Australia’s private-credit market and suggested legal reform

Ares readies next flagship alternative credit, senior lending funds
The alternative credit manager also recorded its highest fundraising quarter, corralling USD 30bn from investors

Asia private credit revisits fixed-rate loan option – Muzinich
With expectations that interest rates will decline, private credit managers in Asia are looking to switch back to making fixed-rate loans

Mizuho taps head of sponsor coverage and levfin for EMEA
The bank named Waqaas Lone to the role and also appointed a deputy head of sponsor coverage and leveraged finance for the region

Blackstone hires MD to lead private credit origination in India
This is Blackstone Credit & Insurance’s first hire in the country, as the India market becomes a priority

Muzinich & Co readies second Asia-focused private credit fund
EXCLUSIVE: The direct lending sophmore fund could be as large as USD 1bn

HSBC AM launches evergreen fund targeting trade, working capital assets
The new private credit strategy will invest in assets such as receivables and payables finance, trade loans and other instruments around the world

Hayfin hires two MDs for product and sales
The two managing directors will join the firm’s partner solutions group that focuses on creating new products and reaching new investors

Carlyle nabs head of direct lending origination from Golub
EXCLUSIVE: The firm also hired a second managing director focused on originations as it re-staffs its direct lending franchise

Evolving M&A is transforming the capital formation landscape – KKR
'Critical' link between M&A and credit is set to fuel growth in private markets

Volatility in US prompts investors to consider Asia private credit exposure
Asia accounts for half the world’s population and two-thirds of GDP growth, but so far it accounts for only a small portion of global private credit. With investors seeking diversity for their holdings, that may be beginning to change

The health of the consumer is a canary in the coal mine – Arena’s Dan Zwirn
The CEO, CIO and co-founder of Arena Investors discusses stress in consumer spending, and prospective responses from policymakers, on the latest episode of Credit Exchange with Lisa Lee

Samsung Life becomes latest institution to take minority stake in Hayfin
Insurer Samsung Life joins Mubadala and AXA IM Prime as minority stakeholders in Hayfin

Corinthia Global Management hires Ares alum in New York
The global private credit manager has hired former Ares partner Craig Shirey to serve as a managing director

Park Square and Nomura plan private credit partnership
EXCLUSIVE: The two parties are negotiating a partnership in which Nomura’s US investment banking unit would help Park Square source unitranche deals in the US

Private credit deals in India grow 53% year-over-year
Private credit investments in India hit USD 9bn during the first half of the year, according to a new report from EY

HIG WhiteHorse corrals USD 5.9bn for US direct lending
The latest fund will be used to originate senior-secured loans for both sponsored and non-sponsored corporate borrowers

KKR appoints head of private credit in Japan
Former Goldman Sachs executive Ken Murata is KKR’s first private credit hire in Japan

PGIM closes sophomore senior debt fund with USD 4.2bn
The commingled, private fund will be used to lend to middle-market companies across North America, Europe and Australia

Sixth Street to open Singapore office, hires head of APAC
The private credit manager has created the new role to better raise investor capital and expand the firm’s investment capabilities in the region