Antares raises USD 8.5bn for senior direct lending
The alternative credit manager held a final close for its third Senior Loan Fund after raising capital from new and existing investors

KKR to support FS KKR BDC with USD 300m via investment, tender offers
The listed business development company will focus on reducing leverage, repurchasing stock, and managing existing investments instead of deployment

Borrowers increasingly asking how dependent lenders are on retail money – Churchill CEO
As investor redemptions have become an increasingly prominent theme in private credit, borrowers are questioning lenders about their reliance on retail capital, according to Churchill president and CEO Ken Kencel

Comvest prints first CLO in seven months
The private credit manager priced Comvest Credit 2026-1 CLO on Monday, with its triple As issuing at SOFR plus 165bps

Abry Private Debt acquires USD 330m private credit portfolio
Abry partnered with Coller Capital on the credit secondaries transaction

KPMG’s US head of private equity discusses Milken, AI and retail money
PODCAST: The continued evolution of AI is seeing it shift to middle- and back-office applications in finance, says David Neuenhaus, US head of asset management and private equity at KPMG, on the latest episode of Credit Exchange with Lisa Lee

BlackRock TCP crystallises losses from restructurings, lowers nonaccruals
The listed business development company has been using sales, paydowns, and partial exits to strengthen the balance sheet, CEO Philip Tseng said on the earnings call

Bank loan growth driven by lending to private credit and other funds—S&P
Total loan growth in the US banking system was driven by lending to nonbank financial institutions like investment funds from 2024 to 2025, the ratings agency found

Hayfin names Goldman Sachs veteran as head of investments
Goldman Sachs veteran Michael Marsh has been hired to the newly created role

BlackRock launches Preqin tools to enhance private credit transparency
BlackRock Aladdin has launched a new suite of private credit solutions on Preqin to address transparency queries around the sector

There’s something unnatural in private credit – GoldenTree
The private credit asset class is due for a shakeup, and panellists at the 2026 Milken Global Conference say the disruption should bring wider spreads and opportunities in special situation lending

Barings prices static private credit CLO
The triple A paper for the deal cleared at SOFR plus 145bps

Mubadala leans into private credit despite negative headlines
Other panellists during the 2026 Milken Institute Global Conference also said they expect the asset class to grow and support companies’ capital expenditure needs

JPMorgan hires Morgan Stanley executive to lead global secondaries practice
William Boyle previously served as Morgan Stanley’s global head of private capital advisory; new hire bolsters JP Morgan’s recently formed private capital advisory unit

Blackstone’s head of international says negative private credit headlines should wane soon
PODCAST: Dan Leiter, head of international and global head of liquid credit strategies for Blackstone Credit and Insurance, tells Lisa Lee on the latest episode of the Credit Exchange podcast there is also more clarity to come on the disruptive effects of AI, as it becomes more evident where there will be significant disruption and where moats will prove more robust than expected

Private rating defaults hit record high – Fitch
The US private credit default rate increased to 5.7% in the trailing 12 months ending 1Q26, while the downgrade-to-upgrade ratio for Fitch’s privately monitored private credit ratings portfolio hit 6.3x in the first quarter, the highest level since the second quarter of 2023

BlackRock issues new static private credit CLO
Scotiabank served as the arranger for the USD 536m BlackRock DLF 2026-C CLO

Thoma Bravo poised to hand Medallia keys to lenders by end of May
Thoma Bravo founder says sponsor will not inject new money; No documents signed yet as lenders ready to take keys

Brookfield-backed Primary Wave raises USD 2.2bn for music royalties fund
Brookfield Asset Management, which holds a minority stake in the firm, contributed to the latest fundraising effort, a source familiar told Creditflux

Lazard to acquire Campbell Lutyens in private funds push
The USD 575m acquisition will create a third global division known as “Lazard CL” that will focus on fund placement, advisory on fund secondaries and GP capital advisory

Credit issuance pipeline continues to build despite temporary pause—KBRA
Issuance will be ready to resume once the market stabilises, according to Gordon Kerr, European macro strategist at KBRA

Indiana, New York systems pursue diversification with large opportunistic credit commitments
INPRS commits USD 1.6bn, NYSTRS USD 450m to opportunistic/specialty funds; Ventura County pension plans USD 220m in private credit commitments

Lipton raises EUR 50m equity and EUR 160m secured loan from CVC

Silver Rock Capital Partners corrals USD 4bn for private capital solutions strategy
The firm closed on more than USD 4bn for its latest Tactical Allocation Strategy vintage, which will invest in private corporate and real-asset debt across the credit cycle

Private credit through the public pension lens – Podcast
Pension allocations to private credit remain intact; Private credit portfolios evolve beyond core direct lending