M&G plans private credit fund for UK defined contribution plans
UK regulator, the Financial Conduct Authority, recently approved the private credit feeder fund  

Private credit managers need valuation process around market events - UK regulator
The FCA released a private markets review recommending firms identify and manage potential issues around valuations, especially those conducted as a result of asset-level or market events.

Morgan Stanley launches European direct lending fund open to Europe's wealthy
The investment management arm of Morgan Stanley hopes to leverage its US wealth experience to distribute the new product to European clients  

European direct lending "incredibly attractive", could easily see EUR 3bn unitranche in region: Ares
Co-head of European credit at Ares Management, Mike Dennis, spoke with Lisa Lee about the firm’s record fundraise for direct lending, and opportunities to invest in Europe  

JPMorgan, co-lenders commit USD 65bn to direct lending
USD 50bn from the bank’s own balance sheet to support private credit deals

CVC blows past fundraising target on its European direct lending fund
The alternative investment manager has already increased the fundraising target once for the 2023 vintage fund  

Aurelius Finance hires originator for North of England, UK
The newly created role will originate, structure and execute complex secured-debt deals in the United Kingdom

Moody’s names global head of private credit after Ana Arsov departure
Ana Arsov, who most recently held the position, has left the firm

Tikehau raises EUR 1.2bn for European special opportunities credit
The third vintage fund held a final close, surpassing the fundraising target

Muzinich launches senior direct lending fund for retail investors
Structured as an ELTIF, the new fund does not require a minimum holding period for investors. 

StepStone to launch private debt vehicle for European wealth investors
The ELTIF will invest in private credit asset classes across the European Union

Private credit firms raise funds beyond flagships
Private credit firms are raising eye-watering amounts to lend to companies — but they are increasingly doing so outside their flagship funds in order to attract institutional investors.

Candriam, Kartesia will open new ELTIF private credit fund to institutional investors
ELTIF products are usually marketed toward individual investors but this new fund will also be open to institutions  

Candriam partners with Kartesia on private debt fund for European retail investors
European private debt firms Candriam and Kartesia are launching a private debt fund for individual investors via European Long-Term Investment Fund 

M&G to acquire majority stake in P Capital Partners
London-based investment firm to take 70% share in Swedish private credit business  

Trinity Capital eyes launching European debt fund
Private credit manager and BDC Trinity Capital is mulling a dedicated European fund

GP-led deals to reach 50% of credit secondaries volume in 2025: Jefferies
Private credit secondaries volume will be increasingly driven by GP-led transactions this year, said Jefferies in a report

AXA IM Alts launches first evergreen private credit fund under ELTIF 2.0
AXA IM Alts has launched its first evergreen private credit fund that conforms to ELTIF 2.0

Global Private Credit AUM to reach USD 3trn by 2028 - Moody’s
Global private credit AUM is poised to hit USD 3trn by 2028, Moody's predicts, with momentum expected to grow over the next three years

Corinthia Global Management secures USD 5bn in capital commitments
Corinthia Global Management has raised about USD 5bn for its first direct-lending fund and expects to fund deals by March at the latest

Mega direct lenders break records despite sluggish fundraising cycle
The new year kicked off with Ares Management showcasing the largest ever fundraise for a European direct lending strategy, suggesting that investors are preferring to pile into the largest private credit managers

Ares raises EUR 30bn for European direct lending, hits hard cap
Ares Management has raised EUR 30bn for its latest European direct lending strategy and held a close for the latest fund

Goldman Sachs launches capital solutions group for banking clients
Goldman Sachs is combining its financing, origination, structuring and risk management solution activities in global banking, and also named Vivek Bantwal as co-head of global private credit

SC Lowy winds down liquid credit fund in private credit pivot
SC Lowy plans to wind down its open-ended liquid credit fund and launch a new interval fund for private credit investments

ICG hires Sixth Street alum Grandjean for pan-European private credit
ICG has hired Pierre Grandjean, who most recently was at Sixth Street in specialty lending, to join its European direct lending team, Senior Debt Partners