Antares partners with Ascot to launch casualty reinsurer sidecar
Antares will be the exclusive private credit manager for the new Wayfare Reinsurance Limited

NYS Common Retirement Fund to invest USD 100m in Pearl Diver's distressed CLO fund
Public Pensions, Private Pursuits: New York State, Ohio pensions reveal recent private credit investments 

Morgan Stanley’s direct lending head joins Thoma Bravo
Creditflux previously reported that Jeff Levin resigned from his position at Morgan Stanley Investment Management

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

Moodys, MSCI roll out tool to predict private credit defaults in portfolios
With GPs granting access to private portfolio data, limited partners could also get ‘implied ratings’ for the underlying private loans

Carlyle promotes credit head to co-president amid senior reshuffle
Mark Jenkins joins John Redett and Jeff Nedelman as new co-presidents of Carlyle

Morgan Stanley loses head of direct lending and co-head of North America private credit
EXCLUSIVE: the head of direct lending had also served as co-head of North America Private Credit at Morgan Stanley Investment Management; bank assigns new head  

HarbourVest launches dedicated private credit secondaries strategy
This builds on the alternative asset manager’s existing secondaries strategy and private credit strategy

Sixth Street to open Singapore office, hires head of APAC
The private credit manager has created the new role to better raise investor capital and expand the firm’s investment capabilities in the region

Blackstone IG private credit reaches USD 115bn off insurer interest
The alternative asset manager is focused on raising capital from this investor segment without becoming an insurer itself.

Private credit managers find “white space” even as capital concentrates among the few – Mercer
Institutional investors commit most of their capital to established private credit firms of scale, but they’re often more willing to take a chance on newcomers in strategies outside of direct lending

Dechert adds two partners for private funds, rated note capabilities
The two will bring expertise to help credit managers navigate the formation of private funds, rated funds, CLO equity funds and derivatives

AXA Prime, Mubadala take stakes in Hayfin as more private credit firms welcome outside investors
Private credit managers selling GP stakes to third parties has become more common as managers seek ways to spur additional growth

Mayer Brown recruits Dechert’s co-heads of global leveraged finance
The two new hires will join as partners in Mayer Brown’s global leveraged finance and private capital practice

Third Point’s private credit fund for insurers secures USD 400m
The firm’s first dedicated private credit fund for insurance clients held a first close

Carlyle snags Goldman’s Alex Chi for head of direct lending
Chi most recently served as co-head of Americas private credit at Goldman Sachs Asset Management

17Capital raises USD 5.5bn for NAV lending to private funds
The alternative credit firm claims its 17Capital Strategic Lending Fund 6 is the largest NAV lending fund seen in the market to date

FS Investments rebrands to Future Standard, plans private credit product for wealthy in Europe
EXCLUSIVE: The alts manager integrates private equity subsidiary Portfolio Advisors under the new brand and plans to introduce a credit product for wealthy investors in Europe

Goldman launches private credit fund for retirement portfolios
The product will be used in a retirement product backed by Great Gray, BlackRock and Wilshire Advisors to give individual investors access to public and private assets

Investors still pivoting to fixed income – Oaktree’s Wayne Dahl
Both large individual and institutional investors are continuing to rotate their portfolios into fixed income, says the co-portfolio manager of global credit and global credit investment grade strategies at Oaktree Capital Management, on the latest edition of the ‘Credit Exchange’ podcast with Lisa Lee

CalPERS hires Dutch pension alum to head private debt
The new hire fills the empty seat left by Jean Hsu, who retired from the position last year

Partners Group raises more than EUR 1bn for European direct lending
The senior direct lending strategy raised capital across a traditional closed-end fund and customized mandates

US senator calls for private credit stress testing
Senator Elizabeth Warren, a ranking member of the Senate Banking, Housing, and Urban Affairs Committee, sent letters to Treasury Secretary Scott Bessent and credit ratings agencies

CalPERS global head of private debt reappears at Antares
The retired investment professional joins the board of Antares’ BDCs

Blue Owl raises USD 850m from wealth channel for asset-backed debt fund
Following the close of this private offering, the alternative credit manager will be able to offer this fund to a broader investor base in a typical interval fund format