USD 1bn worth of private credit CLOs price across Fortress and Eldridge issues
Fortress' FCO XXXIX featured an unusual capital structure with a USD 68m senior triple A revolver tranche included alongside the standard term note and term loan tranches, while both deals included senior-junior slits in the single As and triple Bs

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

Apogem prints second new CLO for the year, first since January
In addition to pricing MCF CLO 11 early in the year, the manager has also priced two mid-market CLO resets so far this year

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

Crescent pulls in capital-charge-sensitive insurers for CLO equity fund
Managing director and head of tradeable credit John Fekete told Creditflux that the cash-on-cash distributions of CLO equity look particularly attractive as private equity struggles with returning distributions to investors

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

Spate of new private credit CLOs issue from PennantPark, Cerberus and Jefferies Credit Partners
PennantPark CLO 13 issued on Tuesday through Scotiabank on a short-dated timetable, while Cerberus Loan Funding 54 and Jefferies Credit Partners Direct Lending CLO 2026-1 were both structured as conventional-duration 2Y/4Y deals

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

Eagle Point leads USD 1.3bn HoldCo loan for data center deal tied to Anthropic
The CLO specialist used its growing infrastructure credit team to provide the loan, which makes up a portion of a USD 16bn data center financing deal in Texas

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

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

Goldman’s Americas direct lending head David Miller to retire
Miller, who has spent 22 years at the firm, will transition to become an advisory director and chairman of Americas direct lending at the end of 2026, according to an internal memo seen by Creditflux