FS KKR’s Lionbridge loan hit with AI threat, put on nonaccrual
The listed BDC also added Alacrity Solutions, AmeriVet Partners, Dental Care Alliance and Gracent to its nonaccrual list and cut dividends by nearly a third to USD 0.48 per share

KKR’s co-head of credit says ‘it’s adult swim only’ in markets
PODCAST: Christopher Sheldon, co-head of credit and capital markets at KKR, tells Lisa Lee on the latest episode of Credit Exchange that 2026 is set to be defined by avoiding mistakes rather than picking winners, with elevated defaults and downgrades resulting in a challenging investing environment

KKR prices second deal in programmatic private credit CLO strategy
The transaction is the second in the manager’s series of private credit CLO issues under the KIMM (KKR Institutional Middle Market CLO) banner, following the pricing of KIMM CLO I in October 2024

New Jersey, Oklahoma systems double down on private credit SMAs
New Jersey DOI commits USD 600m to Golub Capital, while Oklahoma, NY systems increase allocations to SMAs; Vermont pension could commit USD 235m in 2026

LACERS stalls private credit consultant renewal, Connecticut system issues RFP
The Texas County & District Retirement System invests another USD 60m in Alcentra's Structured Credit Opportunities Fund V, while LACERS delays private credit consultant renewal over fees

KKR raises USD 2.5bn for Asia private credit
The sophomore fund focuses on performing credit and will lend to companies across Australia, China, India, Japan, Korea, New Zealand and South Asia

South Carolina, Texas among systems disclosing recent credit allocations
Ares Pathfinder Fund III to launch in 1Q26 with USD 5bn target, while South Carolina system allocates USD 550m to two managers and Illinois and Montana systems commit USD 150m across various funds

KKR confirms lack of exposure to First Brands, rejects concerns about cracks in private credit
In a new investment insight, KKR’s Daniel Pietrzak said that the failure of First Brands and Tricolor does not indicate cracks in private credit 

KKR issues 2023-vintage US reset
KKR’s latest US CLO reset priced via Citi as a USD 465m transaction

Oklahoma system allocates USD 1.3bn as others set 2026 targets
OTRS commits USD 1.3bn to Blackstone, KKR private credit funds, while Los Angeles, New Hampshire, San Antonio pensions disclose recent moves

Florida, New Mexico systems commit hundreds of millions to direct lending
Florida commits USD 1bn to European direct lending; New Mexico allocates USD 450m at November meeting; Illinois, San Diego pensions also disclose recent commitments

Watch out for the cockroaches
After the collapse of First Brands, some of the biggest hitters in global finance have been quick to argue that any bugs in the system won’t affect them — but are bad news for everyone else

KKR resets US CLO for first time since 2017
The 12-year-old KKR Financial CLO 2013-1 recapitalised its debt tranches to the tune of around USD 243.5m in the repricing

Euro AAAs tighten to mid-120s with new KKR issue
Avoca CLO XXXIV lowered the existing market tight by two bps, to Euribor plus 126bps

Aviva’s new pension strategy to allocate 20%-25% to private markets
My Future Vision has partnered with Neuberger, KKR, Apollo and others to deliver private markets access to pension savers 

KKR’s Avoca XXX resets at current Euro tight
The deal matches KKR's own triple A tight of Euribor plus 128bps, set with the reset of Avoca CLO XXIX at the end of August

KKR, Warwick print 2023-vintage US resets
Both deals issued their triple As at SOFR plus 128bps

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

KKR breaks 130 barrier for Euro CLOs as brace of resets wrap up August
KKR has smashed the 130 barrier for standard-duration European CLO triple As for the first time since April, while Redding Ridge and BlueBay also priced resets to end the month

KKR prices fourth new US BSL CLO for the year
KKR CLO 58 takes the manager’s total issuance for the year to over USD 8bn

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

KKR grows ABF business to USD 75bn, expands origination
The alternative asset manager acquired a majority stake in a biopharma royalties business this week to add to its asset-backed finance business

KKR keeps busy with new Euro print
The deal comes the day after the manager priced the tightest European reset since April, both deals issuing their triple As at Euribor plus 132bps

KKR resets short-dated US deal from last year
The USD 373m reworking renewed KKR CLO 45a on a standard 2Y/5Y timeline

KKR raises USD 6.5bn, doubling the size of prior asset-backed finance fund
The sophomore fund in the series will invest in private credit investments backed by large, diversified pools of financial and hard assets