PGIM acquires outstanding 25% interest in direct lender Deerpath
The purchase of the remaining one-quarter share follows PGIM’s initial acquisition of a 75% stake in 2023

Private credit drives nearly half of Blackstone inflows in Q2
The alternative asset management giant said institutional investors are continuing to commit capital but also that redemption requests for its semi-liquid direct lending fund BCRED appear to be slowing

Golub adds managing director to European direct lending team
Timothée Delisle previously held positions at firms such as Morgan Stanley, Alcentra, BlackRock, and HSBC

Blackstone, Wellington and Vanguard collaborate on all-in-one private market vehicles for wealth channel
The three asset managers have launched two products that will give individual investors exposure to a mix of private market assets within a single allocation

Private credit secondaries deals more than doubled in 1H—Evercore
The first half of the year saw private credit secondaries volume balloon to USD 20bn, surpassing full-year 2025 volumes, with GP-led deals dominating, a new report from Evercore shows

The right moment to take a chance
Stephen Ketchum founded Sound Point during the global financial crisis with seed funding of USD 35m. He moved into CLOs in 2012. Today, the firm has many arms and AUM of USD 46bn

Direct lending: a history of resilience
They said defaults would get it, then redemptions, then fraud, AI and redemptions (again!). But direct lending has been with us for over a decade — and it keeps proving its staying power

US private credit eyes return of contrarians
Retail investors may have retreated from private credit, but attendees at Debtwire’s Private Credit Forum New York say some institutional investors are now pivoting back to the sector

European outlook is rosy, say direct lenders
Attendees at Debtwire’s Private Credit Forum Europe 2026 argued that, despite pockets of distress, demand for private capital is high and the sector’s record shows it is resilient

Private credit and direct lending to grow their share of the loan market—LMA report
A new LMA survey of 234 loan market professionals found that 43% believe private credit and direct lending will grow their share of the EMEA loan market by 2040

Silver Point hires Goldman MD for private credit origination
Michael Cote previously served as a managing director in Goldman Sachs’s leveraged finance business

Hayfin completes one of Europe’s largest private credit fundraises to date with EUR 15bn
Hayfin’s Direct Lending Fund V ranks among the largest ever direct lending fundraises completed in Europe, the company said

Phoenix and Texas Capital partner on direct lending perpetual nontraded BDC
The new Spurstone Credit fund is anchored by institutional investors and will launch in the third quarter

Ares leads USD 1.7bn direct lending deal backing private country club operator LBO
The large-cap direct lending deal comes at a time when both sponsors and direct lenders are showing more caution amid the uncertainty posed by fast artificial intelligence adoption and the Iran conflict

Canadian giant BCI launches IG private credit strategy with CAD 1.8bn
British Columbia Investment Management Corp., an institutional investor with more than CAD 300bn, seeded the new strategy and is creating a dedicated team

Saudi private credit winning bigger tickets, but broad deal boom remains elusive
Saudi borrowers increasingly seeking over USD 50m private credit facilities, while approval processes and structuring constraints still limit repeatable deal flow

BXCI extends asset-backed lending origination with SablePointe platform launch
Blackstone Credit & Insurance has launched a new platform to expand its origination, underwriting and portfolio management capabilities in asset-backed lending

Direct lenders trade USD 5bn Dun & Bradstreet private credit loan at 95 cents on dollar
EXCLUSIVE: The giant USD 5bn unitranche, which brought together more than 20 direct lenders to back Clearlake’s acquisition of Dun & Bradstreet last year, is now being shown to private credit managers at a discount

BlackRock HPS reports exit requests over 13% for semi-liquid direct lending fund
HLEND, the private credit fund designed for individual investors, will repurchase 5% of shares outstanding to create around USD 620m of liquidity for investors

Private credit is undergoing “healthy correction”—Third Point
Retail capital is flowing out, and the industry may see business development companies buy each other or liquidate, panelists said during the iConnections Global Alts conference last week

TPG Credit raises USD 5bn for core, upper mid-market direct lending deals
EXCLUSIVE: The alternative credit arm of TPG has launched a new direct lending strategy and raised third-party capital from institutional investors and insurance companies, sources familiar told Creditflux

Europe sees new 1Q direct lending record
Despite exposure to software companies and worries about fund redemptions, European direct lenders made a strong start to 2026 — and the market is optimistic about the rest of the year

US direct lending holds steady in 1Q
Fears about AI-impacted software companies took their toll on US direct lenders in the first quarter, yet overall market volume remained resilient as other sectors took up the slack

HSBC AM completes USD 2bn final close for second UK direct lending vintage
The strategy invests in senior secured loans to private equity-backed companies in under-served low-to-core middle market segments

Crescent raises USD 10.8bn for direct lending, targeting lower mid-market
The firm’s fourth US direct lending fund was oversubscribed and exceeded its target by more than USD 2.5bn