Investors should stay the course on private credit even amid valuation uncertainties—Mariner
EXCLUSIVE: Institutional investors can generally ride out any market bumpiness, and these internal marks do not necessarily reflect final returns, head of Mariner Institutional Mike Welker said 

Software private credit names face refinancing risks amid AI fears – KBRA
ANALYSIS: The ratings agency also noted that software exposure alone is not a risk to BDCs, private credit CLOs and direct lending portfolios

Retail and consumer credits show weaker fundamentals – BlackRock co-head of leveraged finance Mitch Garfin
PODCAST: There are opportunities in the market, according to Mitch Garfin, co-head of leveraged finance at BlackRock – but consumer and retail-oriented sectors are under pressure 

First Brands bankruptcy seems to be a problem separate from private credit - Blue Owl
CEO Marc Lipschultz is not seeing an uptick in private credit defaults and says concerns around the asset class are misplaced

First Brands' distorted balance sheets serve as warning to private credit lenders – Market React
Company secured fresh debt despite missing payments to Onset Financial; Special committee investigates double invoice pledging

Evolving M&A is transforming the capital formation landscape – KKR
'Critical' link between M&A and credit is set to fuel growth in private markets

KKR grows ABF business to USD 75bn, expands origination
The alternative asset manager acquired a majority stake in a biopharma royalties business this week to add to its asset-backed finance business

Clearlake abandons bank-led option for a private credit loan to replace Dun & Bradstreet financing
EXCLUSIVE: The private equity firm is going with the Ares-led private credit loan rather than tapping banks to raise debt in the capital markets 

Economic uncertainty clouds Milken conference but lev fin markets keep moving
Attendees leave a cloudy LA with few answers but a little more faith in the US leveraged finance markets

Uncertainty challenges credit underwriting but deal making continues
Panelists at the annual Milken Institute Global Conference this week said the environment is more favorable than many initially expected post 2 April

Private credit’s golden era never really ended – Blackstone’s Michael Zawadzki
On the Credit Exchange podcast, Lisa Lee speaks with the CIO of Blackstone Credit and Insurance about opportunities in volatile markets and the durability of private credit premiums

KKR, Capital Group set to launch a hybrid private-public credit fund for individuals
The new fund with a low minimum will invest across corporate direct lending, private asset-based lending and public fixed income

Welcome to Miami, good luck getting on the deal
JPM leveraged finance conference attracts over 3000 to South Beach where participants expect LME activity to remain high and saw increased private credit presence
 

Go upmarket when investing in credit, says Oak Hill's Schrager
Senior managing partner at Oak Hill Advisors, Alan Schrager, discusses private credit volumes, cross-currents in credit markets, and issues including tariffs and defaults in Credit Exchange with Lisa Lee podcast