Investec raises EUR 600m for oversubscribed private debt fund
Investec Alternative Investment Management held a final close for the sophomore Investec Private Debt Fund II, which focuses on lending in the European lower middle market

We’re looking at a multi-year M&A uptick – Morgan Stanley head of private credit and equity David Miller
PODCAST: Speaking on the latest episode of Credit Exchange with Lisa Lee, Miller highlighted the impact of the large amount of fundraising and deployment that occurred in the 2020-2022 period as significant for his positive outlook

BlackRock TCP’s BDC waives Q4 fees, anticipating NAV drop
The listed BDC faces nearly a 20% plunge in net asset value after making a series of bad bets

Antares launches USD 1bn+ GP-led private credit secondaries deal
EXCLUSIVE: The firm is back in the market with its second continuation vehicle and has hired advisors to help run the process

Carlyle AlpInvest backs USD 1.5bn Eldridge credit fund
Eldridge used a secondaries transaction to help establish its first private credit fund

EQT targets secondaries expansion with Coller Capital acquisition
The Swedish private equity firm has acquired credit secondaries specialist Coller Capital in a deal worth USD 3.2b

Churchill raises USD 16bn in largest capital raise to date
The total includes the closings of the fifth vintage of the firm’s flagship senior loan strategy, along with separately managed accounts

Private credit investors chase higher risk-return—Campbell Lutyens
A new survey shows investors are seeking higher returning strategies amid expectations of lower rates, while also turning away from the dominant North American market

PGIM rolls out private credit secondaries platform
The asset manager will deploy up to USD 1bn into private credit secondaries over the next two years

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

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

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

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

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