HSBC AM raises USD 1bn for new NAV financing strategy
The strategy invests in senior secured loans financing European and Asian-based private equity funds’ portfolio growth

APG leans into private credit, seeks managers with ESG alignment
The Dutch pension investor giant is increasing its exposure to the asset class and evaluating various private credit sub-strategies to create a diverse portfolio

Goldman Sachs scopes out private credit opportunity
Opportunities are “everywhere” in private credit, as the dust starts to settle around the software sell-off, according to Goldman Sachs’ co-head of private credit James Reynolds

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

Investcorp launches AI investment framework for private markets
The asset manager has rolled out targeted argentic AI use cases across its portfolio, such as autonomous research, origination and reporting tools, and more

BDC portfolio stress may be overstated – Moody’s
BDC portfolios may be exhibiting less stress than recent headlines might suggest, as a Moody’s analysis finds that many discounted positions do not represent significant valuation deterioration

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

Eurazeo closes its largest ever direct lending fund with EUR 3.9bn raised
Eurazeo Private Debt VII raised EUR 3.9bn at closing, exceeding its EUR 3bn target

PGIM launches new private credit UCI for European and Asian wealth investors
The Luxembourg-domiciled vehicle invests in senior secured loans to middle market companies in North America, Europe and Australia, targeting companies with EBITDA between USD 10m and USD 75m

Barings co-head of global investments says investors can expect to see more trading of private credit loans
PODCAST: Speaking on the latest episode of the Credit Exchange podcast with Lisa Lee, David Mihalick says it is natural to expect an increase in activity as people increase their portfolio allocations to private markets

First Eagle taps AlbaCore alum for alternative credit product sales
Edward Berry joins as a managing director in London and will help distribute the firm’s alternative credit products, including those under the Napier Park brand

Oaktree partners with Pantheon to launch standalone European direct lending strategy
The partnership will have the capacity to grow to EUR 1bn of investable capital and is being seeded by an existing portfolio of European direct lending assets

Capital Group and KKR expand public-private investment strategy to Europe and Asia-Pacific
The Global Multi-Sector+ fund aims to provide current income by investing across multiple sectors in both publicly-traded fixed income securities and private credit securities

ECB warns of private credit cross-border risks, opacity
Private credit in isolation poses limited risks to financial stability, but the European Central Bank says it is still concerned about spillover

Goldman’s global co-head of private credit says dispersion in performance is increasing
PODCAST: Speaking with Lisa Lee on the latest episode of the Credit Exchange podcast, Goldman Sachs’ global co-head of private credit James Reynolds says LPs are currently flocking to quality and scale

Barings raises more than USD 19bn for global direct lending strategy
The firm raised capital from institutional, insurance and private wealth investors globally

Citi, HPS strike EUR 15bn private debt program
BlackRock-owned HPS and Citi are working together to offer private capital solutions to sponsor-backed and corporate-owned borrowers

European credit spreads remain resilient — BlackRock
Healthy fundamentals and low default risk means that European credit spreads are showing resilience, at least for now, according to BlackRock’s latest fixed-income outlook

Golub shakes up leadership with co-CEOs, co-Presidents appointments
The alternative credit manager will have three co-presidents after promoting Spyro Alexopoulos and hiring two new executives

Federated Hermes taps Benefit Street’s special-sits exec to lead European credit team
Carlos Gross, who ran special situations at Benefit Street Partners, has been named head of European credit opportunities in Federated Hermes' private credit team

Mapping the future together
Credit market players are getting on with business, looking through the conflict in the Persian Gulf, and dealing with the resultant rise in inflation, all while hurriedly adapting to AI, which many are labelling the greatest transformative technology in our lifetimes

AI is reshaping capital markets, say Milken confab attendees
Artificial intelligence will be the most transformative technology of our lifetime, reshaping everything, including capital markets. This was the dominant prediction at the annual Milken Global Conference 2026

Borrowers increasingly asking how dependent lenders are on retail money – Churchill CEO
As investor redemptions have become an increasingly prominent theme in private credit, borrowers are questioning lenders about their reliance on retail capital, according to Churchill president and CEO Ken Kencel

BlackRock launches Preqin tools to enhance private credit transparency
BlackRock Aladdin has launched a new suite of private credit solutions on Preqin to address transparency queries around the sector

Mubadala leans into private credit despite negative headlines
Other panellists during the 2026 Milken Institute Global Conference also said they expect the asset class to grow and support companies’ capital expenditure needs