Ballast Rock enters private credit market with new hire
The Charleston-based investment management firm has hired a private credit portfolio manager

Pantheon launches private credit secondaries fund for private wealth channel
The new product is offered across 20 countries and follows the private credit secondaries fund for US private wealth investors launched last year

400 Capital names leaders for ABS, corporate and distressed strategies
The alternative credit manager also announced two new partners

Steven Cohen's Point72 makes private credit hires from Linden and Carlyle
EXCLUSIVE: The hedge fund has hired Linden Partners’ co-head of the structured capital fund for the new private credit team, also hired a principal from Carlyle

Bayview launches fund finance unit with new hires from 17Captial and JPMorgan
The asset manager has hired Michael Timms and Colin Doherty to co-head new strategy
   

State Street launches public-private market fund, leaning on Apollo
The new fund is designed for the US retirement channel and provides private market exposure through a pooled investment vehicle managed by Apollo

Bain to manage Lincoln Financial assets, takes minority stake
Bain Capital plans to take a 9.9% stake in the life insurance and retirement plan firm and will manage more than USD 20bn for the firm’s general account over six years

Oak Hill Advisors fundraising multi-strategy private credit fund for wealthy investors
EXCLUSIVE: the new fund is currently only accepting accredited investors but intends to eventually open the product to the wider wealth channel.

Carlyle’s AlpInvest raises USD 3.2bn in financing for private funds, GPs
The firm’s new AlpInvest Strategic Portfolio Finance Fund II will provide financing to private equity funds, GPs and LPs as well as private credit secondaries investments

Pantheon raises USD 5.2bn for senior debt secondaries
The latest fund, Pantheon Senior Debt III, was oversubscribed as interest from the insurance channel grows

US corporate private credit assets surpasses BSL, HY markets—LSTA
Despite the growth, leverage across various private credit vehicles remain modest, according to the industry group’s latest study  

First Eagle launches nontraded BDC that invests in US middle market private credit
The product will invest in directly originated, senior-secured, first lien loans to US middle market corporate borrowers

Massachusetts, midwest pensions disclose recent private credit moves – Public Pensions, Private Pursuits
ANALYSIS: Massachusetts, Michigan pensions reveal private credit investments totaling USD 225m, Illinois Municipal Retirement Fund commits USD 50m to Pemberton   

Partners Group launches dedicated private credit secondaries effort
EXCLUSIVE: The firm already has experience in private equity secondaries, infrastructure secondaries and real estate secondaries

Coller Capital buys USD 1.6bn portfolio, claiming largest senior direct lending secondaries deal
The private markets secondaries specialist has acquired a senior direct lending portfolio from a multiline US insurer

SCERS to merge private and public credit, as lines between asset classes blur
The US pension fund is seeing more hybrid credit strategies that invest across both public and private markets

BC Partners secures USD 1.4bn for flexible, opportunistic credit
The private credit arm of the firm held a final close for its Special Opportunities Fund III

BlackRock, a traditional asset manager no more – CEO Larry Fink
In his latest annual letter to investors, Chairman and CEO Larry Fink lays out his ambition to index private markets and bring these illiquid assets to the masses

AXA IM Prime takes minority stake in Monroe Capital
AXA IM Prime used its GP stake strategy to invest in Monroe alongside the Wendel Group, which acquired a majority stake last year

Guggenheim alums to head new Hoplon-backed private ABS shop
The new platform just finished a USD 1.35bn IG securitization of internet identity service assets

More volatility, more uncertainty and more tailwind for private credit – KKR’s Dan Pietrzak
PODCAST: The new Trump administration in the US has introduced new uncertainty with its preparedness to employ wide-reaching tariffs, and M&A volumes remain depressed, but KKR’s private credit team is busier than it has been in the past few years. 

Canada's CDPQ taps head of PE to oversee private credit investments
The Canadian institutional investor giant previously grouped private and public credit together as a single segment

KKR, Capital Group set to launch a hybrid private-public credit fund for individuals
The new fund with a low minimum will invest across corporate direct lending, private asset-based lending and public fixed income

AXA IM Alts launches diversified private credit fund for individual investors
The new strategy will invest across the entire private credit spectrum, covering not just direct lending but also asset-backed finance

Managers shift to nontraded BDCs in direct sell to individual investors—Raymond James
EXCLUSIVE: Creditflux sits down with Raymond James managing director and BDC expert Larry Herman for a Q&A