Credit secondaries poised for continued rapid growth – Antares CEO
Extended hold times and backlog of exits are driving increased activity, while credit secondaries volume more than doubled last year

CAPZA appoints co-head of private debt
New parent company BNPP AM Alts seeks to accelerate the growth of the mid-market private debt franchise in Europe, the company said

QIA to commit USD 25bn to Goldman-managed private credit and more
The sovereign wealth giant and Goldman Sachs Asset Management have agreed to partner on new and existing private market strategies and direct investment deals

CPP Investments open to buying another asset manager
The Canadian institutional investor, which acquired Antares a decade ago, would be open to another deal, head of capital solutions David Colla said at a media roundtable

Mid-market CLO rankings – full-year 2025
EXCLUSIVE: Golub extended its reign at the top on the manager tables, but BlackRock/HPS vaulted into second place ahead of Apollo, while Wells Fargo secured the arranger crown

Pemberton reorganizes, appoints new private credit leaders
The firm’s chief credit officer is leaving at the end of March, the company said

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

Multi-currency private credit CLOs will become the status quo in Europe - S&P

The multi-currency approach to European private credit CLOs will become the status quo this year, with new entrants helping to drive this growth, S&P has predicted

Oaktree collaborates with parent Brookfield on ABF product for US individuals
The new product launched with USD 400m in committed capital and will give wealthy US individual investors access to Oaktree’s asset-backed finance expertise

Amid rising caution, US public funds seek to de-risk private credit portfolios
Defaults, excessive capital raised in private credit drive caution, with senior direct lending and SMAs favoured for de-risking and savings

Sixth Street raises EUR 7bn for European direct lending
FUND LAUNCH: The Sixth Street Specialty Lending Europe III fund held a final close at its hard cap

SocGen creates insurance solutions group, hires MD
EXCLUSIVE: Bradley Schneider most recently served as head of private credit at Cresset

M&A resurgence to power new US private credit CLO issuance
ANALYSIS: The anticipated interest rate cuts should create a more attractive environment for issuance, but there are concerns about middle market portfolios that have weakened over the last year

Private credit CLOs scaled new heights in 2025
CHART: Mid-market CLOs enjoyed their biggest issuance year ever, powered by a high number of pricings and underpinned by an especially prolific opening quarter

Ares raises USD 7.1bn for private credit secondaries
The firm held a final close for its first dedicated credit secondaries fund, doubling its initial target

Ares preparing to issue second private credit CLO as multi-currency deal
EXCLUSIVE: Ares European Direct Lending CLO 2 will be a euro/sterling deal and is expected to price soon

TPG to launch upper middle market direct lending business
EXCLUSIVE: The alternative investment firm historically offered lower middle market and middle market direct lending exposure via its TPG Twin Brook platform

Davidson Kempner raises USD 1.1bn for private ABF strategy
The firm also held a final close for its Davidson Kempner Income Fund II, the second vintage fund under this global private asset-backed debt strategy

North American secondaries surge even as exit market recovers
Secondaries volume is estimated to surpass USD 200bn for first time in 2025

Monroe raises USD 6.1bn for senior direct lending
The firm held a final close for its Monroe Capital Private Credit Fund V and raised additional capital from separately managed accounts

TPG, Jackson Financial strike partnership focused on private credit
TPG will take a minority stake in Jackson and start by managing at least USD 12bn of the insurer’s assets

Ares hires CapitaLand exec for Asia special sits credit
The new partner will oversee activities in China, Hong Kong and South Korea

Banner Ridge hits USD 4.2bn hard cap for credit secondaries fund
The oversubscribed fund, Banner Ridge Secondary Fund VI, will acquire stakes in opportunistic credit and special situations funds

Former Permira and ICG execs join Oaktree’s expanding European private debt team
Permira’s ex-CEO James Greenwood has been named senior advisor, while former ICG managing director Kieran Thind is now senior vice president in Oaktree's European private debt team

US public pensions seek ABL, Europe, and fee savings in private credit – Year in Review
Public pensions increasingly seek co-investments, custom accounts; Asset-based lending, specialty finance strategies gain traction from Debtwire Municipals