Private credit drives nearly half of Blackstone inflows in Q2
The alternative asset management giant said institutional investors are continuing to commit capital but also that redemption requests for its semi-liquid direct lending fund BCRED appear to be slowing

RBC BlueBay taps Destra to distribute CLO interval fund
The new RBC BlueBay Enhanced Income Fund invests in equity and junior debt tranches of CLOs and will be sold to financial advisors and their clients

Blackstone, Wellington and Vanguard collaborate on all-in-one private market vehicles for wealth channel
The three asset managers have launched two products that will give individual investors exposure to a mix of private market assets within a single allocation

T. Rowe issues second CLO
T. Rowe Price has followed up the debut of its own CLO issuance platform in February with a second US BSL offering, priced via Bank of America

Private credit secondaries deals more than doubled in 1H—Evercore
The first half of the year saw private credit secondaries volume balloon to USD 20bn, surpassing full-year 2025 volumes, with GP-led deals dominating, a new report from Evercore shows

Dispersion is creating value in credit despite tight spreads – PIMCO
PODCAST: While index spreads remain tight, dispersion is quite elevated, which rewards those who do the credit work, says Lotfi Karoui, multi-asset credit strategist at fixed-income behemoth PIMCO, on the latest episode of Credit Exchange with Lisa Lee

GoldenTree hits USD 2.75bn hard cap for sophomore private credit fund
The firm’s employees and partners committed USD 50m to the fund, the company announced

US CLO issuance may slow despite favorable NAIC guidance
EXCLUSIVE: New guidance is favorable to US insurers buying triple-A, double-A and single-A tranches, but will not beat the current supply-demand dynamics and poor arb, BofA CLO research chief says

Marathon issues first CLO under CVC ownership
Marathon Asset Management has priced its first new CLO since CVC's acquisition of the asset manager closed at the beginning of July

BlackRock private market inflows led by private credit as spreads widen
Institutional investors want to put more private credit money to work in this environment, the global asset management giant said on its earnings call

Crescent gauges interest in multi-asset, private and public credit CLOs
The firm says it has already seen BSL CLOs buy secondary direct lending assets, and it is discussing whether there is demand for multi-asset products levered like a CLO, John Fekete told Creditflux

ICG prints first new US CLO in a year
The manager paired with CIBC to price ICG US CLO 2026-1 as a USD 403m offering

Muzinich resets, upsizes 2024-vintage US CLO
Muzinich has upsized a 2024-vintage US BSL CLO as part of a reset that priced via Scotiabank on Tuesday

CalPERS posts 11% net return for private debt, improves funded status
The California Public Employees Retirement System, one of the largest institutional investors, released preliminary investment results for the 2025-2026 fiscal year

Most BDCs can survive liquidity stress test – Moody’s
Moody’s Ratings has conducted a stress test on the BDC sector which concluded that liquidity remains sound

Houlihan hires HarbourVest MD in GP-led secondaries push 
Dan Buffery joins the investment bank to help lead the firm’s North American GP-led secondaries advisory business

Voya and Northwestern Mutual issue 2024-vintage US CLO resets
The managers issued the deals through Scotiabank and Bank of America, respectively

Strategic buyers increasingly facilitate exits of private credit lenders—Morningstar
The ratings agency observes in a new report that private credit borrowers sold to strategic buyers are starting to drive a larger portion of its credit ratings discontinuations

Arini prints fourth new US CLO in five months
The rapidly-expanding manager issued Arini US CLO VIII, a half-billion-dollar transaction, via Bank of America

Nick Fall returns to Barclays as co-head of US leveraged finance capital markets
Fall, who joined the bank after a five-year stint at Goldman Sachs, officially started in the role this week

Texas, San Francisco among systems disclosing tactical, specialty credit investments
TCDRS commits USD 400m to Silver Point, Gallatin Point funds; Ohio pensions commit to GoldenTree, TPG funds

Silver Point hires Goldman MD for private credit origination
Michael Cote previously served as a managing director in Goldman Sachs’s leveraged finance business

Co-head of Permira Credit says to brace for more complex, late-cycle environment
PODCAST: While the market is clearly late in the credit cycle, it is not yet obviously at the turning point, Ariadna Stefanescu, co-head of Permira Credit tells Lisa Lee on on the latest episode of Credit Exchange

Cahill’s private credit co-head joins Paul Hastings in New York
Peter Williams, who also has experience as a managing director at KKR, now joins Paul Hasting’s global finance platform

Canyon refinances four CLOs in a day through Santander
The manager has completed a prolific week of CLO issuance, pricing four US BSL refis worth USD 725m