Private credit in the crosshairs: stick to the plan or relax rules?
The private credit industry has faced a test of nerves in recent months as a swarm of investors rushed for the exits only to find their off-ramp blocked. As the pressure builds, credit managers are asking themselves whether they should stick to the advertised redemption rules for their vehicles, or lift the barricade to let skittish investors exit with their money

Hayfin co-head of direct lending says European private credit better geared to weather uncertainty than US
PODCAST: European private credit is less exposed to software as well as retail withdrawals, making them better positioned than their US counterparts to weather uncertainty, says Marc Chowrimootoo, co-head of direct lending at alternative asset manager Hayfin, on the latest episode of the Credit Exchange podcast with Lisa Lee

European direct lending opportunity grows as US faces headwinds—AlbaCore
EXCLUSIVE: Outflows from select US direct lending vehicles could result in European direct lending spreads, particularly on larger deals, widening even further, Luke Gillam, head of senior direct lending, told Creditflux

Majority of LPs expect to mix public and private credit despite liquidity challenges – BSP survey
Within the next five years, 59% of global institutional investors expect to take an integrated approach to public and private credit investments, new research from Benefit Street Partners shows 

Napier Park’s CIO says firm has stockpiled cash to buy mispriced assets
PODCAST: The alternative asset manager, which oversees USD 40bn in AUM, has been prepping for a repricing of financial assets that predates the Iran war and the software crisis, according to its Chief Investment Officer, Jonathan Dorfman, speaking on the latest episode of Credit Exchange with Lisa Lee

Kennedy Lewis, Bank of Ireland strike European LBO financing partnership
The US private credit manager is committing EUR 2bn so the partners can offer tailored financing options to mid-market private equity sponsors that will span bilateral, club, and syndicated loan structures

Direct lenders hit hard as credit market reels from war and AI
Volatility has come back to credit markets. Artificial intelligence’s impact on corporate earnings, a war in Iran that is ensnaring the rest of the Middle East and upticks in inflationary pressures are weighing on managers

Blackstone to launch new private multi-asset products for affluent individuals
The new products, expected to come in the following months, will offer exposure to multiple private market asset strategies at once

Citi announces debt capital markets co-heads, including a hire from BofA
The new co-heads will fill the open spot left by head of global debt capital markets Rich Zogheb, who is retiring after 40 years in the industry

Private credit still deploying despite increasing risks – head of credit at CVC
PODCAST: Andrew Davies, head of credit at CVC Capital Partners, says the present uncertainty offered opportunities to reconsider the pricing of transactions, and the ability to structure those deals more conservatively

KKR’s co-head of credit says ‘it’s adult swim only’ in markets
PODCAST: Christopher Sheldon, co-head of credit and capital markets at KKR, tells Lisa Lee on the latest episode of Credit Exchange that 2026 is set to be defined by avoiding mistakes rather than picking winners, with elevated defaults and downgrades resulting in a challenging investing environment

Tikehau not for sale, 'we see ourselves more as a consolidator' – co-founder
Tikehau co-founder Antoine Flamarion has said the firm sees itself as a consolidator of businesses and has no intention of selling itself to a larger US asset manager

Arini President Mathew Cestar says Europe’s missing AI boom provides opportunities
PODCAST: Europe has mostly missed the AI boom that’s driven a large part of US economic growth – but that actually makes European credit more appealing, according to the head of the alternative asset manager

Apollo partners with Schroders on public-private credit
The two will launch a US collective investment trust in the second quarter for 401k defined contribution investors and create new products for UK wealth clients

Ares plans to raise a USD 6.6bn alternative credit fund in just six months
The alternative asset manager also said on its fourth quarter earnings call that it is preparing a final close for its latest opportunistic credit fund

Prepare for a swift credit pullback when the bullish run ends – Deutsche Bank
The likely new US Federal Reserve chair may be more hawkish, and the progress made in artificial intelligence could disrupt credits in the software sector, DB analysts warn

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

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

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

Pemberton reorganizes, appoints new private credit leaders
The firm’s chief credit officer is leaving at the end of March, the company said

Credit funds take aim at clubs and many other sports assets
Sports investing is no longer just a hobby for well-heeled executives. Private credit funds are providing debt and taking minority equity positions in deals a world away from the major US leagues, with examples including English football teams, sailing competitions, sports equipment firms, sports-related media and more

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 

Opacity and falling returns create pessimism around private credit – Morningstar
EXCLUSIVE: Morningstar’s Dan Kemp warns of too much money chasing too few opportunities, and urges investor caution in private credit

AI capex set to expand at unprecedented speed and scale – BlackRock
The 2026 outlook from the BlackRock Investment Institute notes that capital spending ambitions tied to the buildout of the artificial intelligence boom are so large that the micro is becoming macro