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

Orrick adds another partner to its CLO practice in New York
Former DLA Piper special counsel Steve Lozner has joined Orrick’s structured finance team as a partner in New York with a focus on CLOs 

More amend-and-extend transactions to come into the market in H2 — Carlyle
EXCLUSIVE: Amend-and-extend transactions are expected to increase over the coming months, as managers get ahead of the 2028 maturity wall

Mountain Point prices second CLO following February market debut
As with the manager's first deal, Bank of America served as the sole arranger for Mountain Point CLO 2

US CLO issuance maintains strong pace as Napier Park, Post Advisory and Blue Owl print BSL deals
The three managers all priced USD 400m par deals on Friday

More manager dispersion expected for second half of 2026
Multiple market sources have predicted that manager dispersion will characterise the second half of 2026, amid ongoing volatility

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

CIFC and Palmer Square issue latest new US CLOs at 121bps
CIFC and Palmer Square each priced their third new reinvesting US BSL CLOs for the year on Wednesday, with Citi and Bank of America acting as arrangers for the respective deals

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

CarVal's latest new US CLO weighs in at USD 505m
CarVal paired with Deutsche Bank to price its latest offering, Carval CLO XIII-C

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

King Street defeats Octagon in heated public dispute over CLO fund
More than two-thirds of shareholders in XA Investments' XFLT fund backed the board's recommendation to replace existing sub-adviser Octagon Credit Investors with King Street subsidiary Rockford Tower

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

Onex and Golub print new US CLOs toward tighter end of current market
Onex and Golub rounded out last week with a pair of new US BSL issues, with both issuing at the narrower end of current spreads

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

BlackRock’s listed BDC sells USD 523m private credit portfolio to Pantheon
The sale of assets will significantly cut the listed BDC’s exposure to the software sector

Franklin Advisors issues first new CLO in 14 months
The manager's first deal of 2026 included a senior-junior split in its equity notes

Carlyle enters fundraising ‘super cycle’, racking up USD 30bn in inflows for 1H
The alternative asset manager also expects to be back in market with its flagship credit opportunities fund

Marc Rowan predicts more to come on Apollo's CLO variant AMAPS
Apollo CEO Marc Rowan says that there is more to come with AMAPS, as he predicts that the industry will start moving more towards public markets

Apollo resets seasoned US deal with huge additional equity injection
The repricing of the 2017-vintage RR 2 CLO included a mammoth USD 322.65m in added equity