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

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

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

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

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

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

Expect direct lending performance dispersion in 2026 – Antares
EXCLUSIVE: Managers that maintain underwriting discipline and active portfolio management will be able to differentiate themselves, the firm's co-head of originations Doug Cannaliato told Creditflux

Can funds find pots of gold in Europe?
For years, US private credit has been tapping high net worth individuals. Now funds are trying to do the same in Europe — but markets across the pond are fragmented and heavily regulated

How direct lending took off in Europe
In the second of our two-part history, we look at the evolution of direct lending in the UK, the sector’s expansion to other parts of Europe, and its growth into a dominant asset class

OHA raises USD 17.7bn for large-cap, senior direct lending
The firm held a final close for its OHA Senior Private Lending Fund (OLEND), which raised USD 8bn in equity commitments

CAPZA raises EUR 1bn for senior direct lending strategy
The latest fund is already 60% deployed, and CAPZA is planning to launch the next vintage in the series in 2026

Individuals account for nearly a quarter of private credit investor base – Alternative Credit Council
The global private credit market grew to around USD 3.5tn in assets at the end of 2024, according to a new report from the Alternative Credit Council and Houlihan Lokey 

TPG Credit raises USD 6.2bn for all-weather, special sits strategy
The latest fund exceeded the USD 4.5bn target by nearly 40%, the company said

Allianz GI raises EUR 1.2bn to fund private debt secondaries
The sophomore fund held a first close and will pursue private debt secondaries deals globally

North American and European credit defaults to fall next year – S&P Global
Global credit default rates will remain contained next year with North American defaults falling to around 4% 

CLO issuance projected to hit new records in 2026 – KBRA
The ratings agency projects USD 220bn in issuance across US BSL CLOs and private credit CLOs as well as five to six European private credit CLOs next year

Carlyle AlpInvest backs Investec’s debut European senior direct lending fund
AlpInvest led a secondaries transaction that helped launch the EUR 400m fund

Blue Owl’s blunder and risk of retail investment dominate discussions at SuperReturn Private Credit
Blue Owl abandons OBDC and OBDC II merger plan due to market conditions; Retail investors pose risk to private credit, with potential for forced selling in downturn

Blackstone starts new fundraising round for institutional, evergreen US direct lending fund
The alternative asset management giant is back to raise more capital for Blackstone Senior Direct Lending Fund after previously closing on USD 22bn in October 2024

Park Square strikes US direct lending alliance with Nomura
The new agreement will help Park Square source US senior direct lending deals for its new US Loan Partners fund

Experienced direct lenders invest in resilient sectors, leaving banks with the riskiest LBO assets
Expect banks to keep shifting the blame — even if they have cockroaches

Hayfin's Gina Germano steps back from running European CLOs, Jason Late to take over
Previously a portfolio manager at Man Group, Late will replace Germano as head of European high yield and syndicated loans, including CLOs