GoldenTree hits USD 2.75bn hard cap for sophomore private credit fund
The firm’s employees and partners committed USD 50m to the fund, the company announced

News in brief
Top stories on creditflux.com: including early summer visits to Clearlake and Nearwater

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

Gearing up private credit CLOs in Europe
Hybrid deals are the latest attempt to make private credit CLOs work in Europe. They aim to combine private credit and leveraged loans to create a vehicle that delivers yield and liquidity

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

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

Vistina builds out team and opens London base after Moody’s hire
EXCLUSIVE: After hiring Moody’s executive and ratings expert Jeanine Arnold, private credit advisory firm Vistina is expanding its European footprint

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

Banks are piling into the CLO market – BSP
Despite negative headlines around the alternative credit space, banks are still supportive of private debt and the CLO market behind closed doors, according to Benefit Street Partners

Private credit vulnerable amid tightening financing conditions – Bank of England
The central bank is also keeping a close eye on AI-related companies’ increasing use of debt, including private credit

European private credit CLO market sparks back to life
ANALYSIS: After a brisk start, the European private credit CLO market has stalled somewhat over the past year, but a new issue in the space and the expectation of incoming hybrid issues has breathed new life into the sector

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

Coller and Cherry Bank to raise capital for private credit secondaries from Italian wealth market
Coller Capital has announced a distribution partnership with Cherry Bank to better sell its private credit secondaries investment product to affluent individuals in Italy

Apollo records USD 13bn in private credit trading volume
In the 18 months since launching a dedicated trading desk focused on Apollo-originated private credit, the firm has worked with more than 100 unique counter parties, according to a new report

Golub enters European CLO market with multi-currency private credit print

The world’s largest mid-market CLO issuer by AUM has become the third manager to issue a European private credit CLO, after Barings and Ares

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

Hormuz disruption builds case for energy infrastructure investment, lenders and private capital maintain support
Hormuz disruption exposes fragility, drives urgent calls for energy infrastructure investment; banks and investors remain committed to financing energy and supply chain resilience

Global banks call for pension reforms to strengthen Europe’s financial sovereignty

Canyon’s CIO says more distressed opportunities await
PODCAST: A looming maturity wall and problems in the software space point toward a return to more traditional distressed opportunities, says Jeff Kivitz, chief investment officer at Canyon Partners, on the latest episode of Credit Exchange with Lisa Lee

Balbec Capital buys UK bridging lender

Private markets fundraising challenges to persist despite easing geopolitical concerns
LPs plan to maintain or increase deployments but more selectively; sanguine views on geopolitics suggest tailwind for China rebound

Bank of England outlines details of latest private market stress test
The central bank is exploring how private markets would respond during a severe global downturn

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