Fidelity issues inaugural private credit CLO with half-billion-dollar print
Fidelity has priced its first private credit CLO, becoming the latest player to enter the space, following Partners Group's similar debut deal last week

Exit requests decline for Blue Owl’s semi-liquid tech lending fund
The fund, which saw some the highest exit request levels last quarter, reported a modest decrease and management says investor sentiment has improved.

New private credit CLOs print from Apollo and Churchill
Apollo's ADL CLO 3 was valued at USD 515m and issued through Citi, while Churchill paired with Bank of America to price its USD 349m MMSLF CLO-V

Barings and Canyon price new US BSL CLOs
Barings CLO 2026-III was valued at USD 407.3m, while Canyon CLO 2026-2 weighed in at just over USD 500m

Blackstone to raise capital for new institutional IG private debt fund
The alternative asset management giant has launched its first institutional, commingled private fund focused on investment grade private debt investments

Oak Hill Advisors reissues two-year-old US CLO
OHA Credit Funding 18-R priced its senior triple As at 120bps, tightening in 30bps from its previous spread level

First Brands lender Evolution moves to halt USD 25.7m receivables release amid ongoing collateral dispute
Evolution seeks to pause FBG’s request to release funds pending lien appeal outcome; lender claims release risks dissipating collateral and harming recovery if it wins appeal

AI outlook one of several key macro calls for investors – BlackRock midyear forecast
‘Scarcity versus abundance’ forms the key theme for the BlackRock Investment Institute midyear global outlook, which was published on Tuesday following the institute’s two-day forum earlier in June

Ares leads USD 1.7bn direct lending deal backing private country club operator LBO
The large-cap direct lending deal comes at a time when both sponsors and direct lenders are showing more caution amid the uncertainty posed by fast artificial intelligence adoption and the Iran conflict

Apollo records USD 13bn in private credit trading volume
In the 18 months since launching a dedicated trading desk focused on Apollo-originated private credit, the firm has worked with more than 100 unique counter parties, according to a new report

King & Spalding adds former Proskauer partner in fund finance biz build out
The law firm has recruited Ron Franklin, who previously served as co-head of the corporate & fund finance group at Proskauer Rose

Non-US investors, family offices drove redemption requests at Ares private credit fund
The firm’s perpetual nontraded BDC once again offered to repurchase 5% of shares outstanding in the second quarter to facilitate exits but was met with excess demand

CVC prints new US BSL CLO through Scotiabank
Apidos CLO LVII was valued at USD 556.55m and saw its senior triple A paper clear at SOFR plus 120bps

Morningstar, Houlihan Lokey collaborate on CLO indexes
The two firms will launch the Morningstar Houlihan CLO Indexes later this year to create reliable benchmarks for the growing CLO market

LPs press pause on private credit allocations as demand cools—Coller
Fewer institutional investors plan to increase their private credit allocation targets over the next 12 months and some are worried about systemic risk, according to a survey conducted by Coller

Redding Ridge prices newest US BSL CLO with AAAs at 120bps
The manager issued its latest deal via RBC as a USD 506.1m transaction

Exit requests tick up at Morgan Stanley’s semi-liquid private debt fund
Share redemption requests at perpetual nontraded BDCs continue into the second quarter, with Morgan Stanley Investment Management being the latest to report a quarter-over-quarter increase in requests

RBC’s head of new CLO issuance departs for TD Bank
Christopher Heron has left RBC after more than 20 years at the bank, amid a wave of moves in the CLO arranging space

Exit requests for Apollo’s semi-liquid direct lending fund increase to 16.8%
Share redemption requests at perpetual nontraded BDCs are continuing, as Apollo follows Blackstone and BlackRock HPS in reporting a quarter-over-quarter increase in the amount of investors seeking an exit

Software loan shakeout in CLOs still to come—Barings
As an investor in US CLO tranches, the asset manager has observed that most CLOs have not made major changes to their software book despite concerns about artificial intelligence threatening the sector

Carlyle maintains strong CLO issuance pace with fourth new US print this year
The manager paired with Bank of America to price Carlyle US CLO 2026-4, which was valued at USD 507.1m

Barings recruits BofA lynchpin as head of CLO capital markets
Bank of America’s head of US CLO structuring Ankit Aggarwal is leaving to join Barings as its head of CLO capital markets, sources familiar have told Creditflux

Fortress reinforces primary market presence with latest BSL CLO
Fortress has followed up a static private credit CLO print earlier this week with its latest BSL deal

Semi-liquid private credit funds lose USD 1bn in net assets – Morningstar
Capital inflows into semi-liquid private credit funds, such as perpetual nontraded BDCs, are losing momentum while private equity products see a rise in demand

Dividend recaps stall as lenders pull back, sponsors eye alternatives
Dividend recap volume has fallen amid deep uncertainty even as GPs seek more DPI; lenders have retreated over market conditions and a dearth of quality transactions, while rising continuation vehicle usage has reduced the number of dividend recap candidates