BlackRock plans private markets LifePath retirement fund for 2026
The asset manager, which closed its HPS acquisition earlier this month, looks to launch its own proprietary private-public market target date fund

Competition is erasing 'spicy' returns for larger ARR loans – HighVista
Lenders are pressured to offer more leverage, and pricing is starting to match EBITDA-based loans

Blackstone prices US private credit CLO – its third static deal of 2025
The manager has issued its third non-reinvesting CLO for the year in a near-USD 600m transaction

Connecticut Retirement Plans and Trust Funds plans to commit additional USD 300m to Crescent Capital
Connecticut, Maine among pensions with recent expansions in private credit; Maine, Texas, Los Angeles pensions also disclose recent private credit investments

Monroe hires ex-Nuveen senior MD for head of capital formation
The new hire will lead Monroe’s fundraising strategy in the Americas

Blue Owl, Voya partner to bring private assets to US retirement accounts
The new private market products will be offered on Voya’s retirement platform, which oversees USD 630bn in defined contribution assets for more than 9m plan participants

We have traded private credit loans and others will follow – Loomis Sayles’ Matt Eagan
“We’ve done our first trades and some of the first trades in the industry in investment grade private,” says the head of the full discretion team at Loomis Sayles, on the latest edition of the Credit Exchange podcast with Lisa Lee

Seven managers make up 90% of private credit fundraising – Morningstar
Over the last five years, Apollo alone accounted for 29% of all capital raised for private credit

Investcorp passes halfway mark on second GP stakes fund
EXCLUSIVE: USD 600m raised to date against USD 1bn target of a strategy that was launched in 2019 and focuses on mid-market

BNP Paribas taps alts head for combined BNP, AXA IM group
Isabelle Scemama will oversee more than EUR 300bn in assets as the two groups merge

Blackstone inks new private credit partnership with L&G
PRECIS: The partnership will see L&G gain access to IG private credit assets and the two firms create new public-private credit products.  

Carlyle rolls out investment grade private debt fund
EXCLUSIVE: The IG asset-backed fund is structured as an evergreen vehicle and targets an institutional investor base

First actively-managed direct lending CLO in Europe sets template for others to follow
Last month, Ares made history by launching Europe’s first actively-managed direct lending CLO. But unlike Barings' static issue last year, Ares chose to create a reinvesting CLO, opening up a new seam of structured credit solutions for European managers and investors

ESG in private credit continues in the US, but not without significant difficulties
CalPERS still sees environmental, social and governance factors as a vital part of private credit-related due diligence, despite challenges around ESG backlash, standardisation and data availability

Feeling positive about European private credit
Government plans for growth and banks’ lending strategies were among the topics creating an upbeat mood among attendees at this year’s Debtwire Private Credit Forum Europe in London

Default expectations rise as tariff threats to North America deepen – IACPM survey
Credit portfolio managers across the world see tariff-related headwinds for both the US and Canada

Virginia, New Mexico among pension systems making new private credit commitments
Virginia Retirement System allocates USD 500m under credit strategies portfolio, while New Mexico State Investment Council allocates USD 250m to Fortress Investment Group and Indiana Public Retirement System commits USD 200m to HPS

Coller completes record private credit secondaries fundraise
The USD 6.8bn final close for the Coller Credit Opportunities II fund marks the largest fundraise to date for a private credit secondaries platform

AB upsizes new-issue private credit CLO
The manager's first new mid-market print since February priced its triple As at SOFR plus 153bps

Kartesia completes EUR 1.3bn fund close; almost half raised from new investors
KCO VI also saw “significant growth” in commitments from private wealth investors, which accounted for more than 20% of the fund’s total capital

The ‘real economy’ of Europe needs financing – Arini’s Mathew Cestar
“We know there’s a big pan-European need for financing,” says Mathew Cestar, president of Arini, one of the fastest growing alternative credit managers, on the latest edition of the Credit Exchange podcast with Lisa Lee

Jefferies resets 2023 middle market CLO, cuts AAA spread by 100bps
The deal priced its senior triple As at SOFR plus 165bps

FS Investments readies opportunistic credit fund, targets USD 750m
EXCLUSIVE: The vehicle, which will be the second opportunistic fund from FS, is set to launch in the third quarter of this year

Audax sets lowest AAA tight for new mid-market CLOs in three months
The manager's latest new issue priced its triple As at SOFR plus 160bps, a low for the current market

Canadian giant PSP to deploy CAD 6bn to IG private credit
EXCLUSIVE: The allocation will focus on investment grade opportunities across infrastructure, asset-backed and structured debt financing