Blackstone, Wellington and Vanguard partner on public-private investment products
The three asset management giants are joining forces to offer individual investors access to multi-asset portfolios once only available to institutional investors

Managers launch diversified private credit interval funds in bid to woo wealthy investors
The largest private credit managers are packaging a range of private credit strategies into a new type of fund in a fresh attempt to tap the growing numbers of wealthy US investors.

Ballast Rock enters private credit market with new hire
The Charleston-based investment management firm has hired a private credit portfolio manager

Pantheon launches private credit secondaries fund for private wealth channel
The new product is offered across 20 countries and follows the private credit secondaries fund for US private wealth investors launched last year

400 Capital names leaders for ABS, corporate and distressed strategies
The alternative credit manager also announced two new partners

Brightwood prices first new CLO in more than 12 months
The middle market specialist's first primary market activity of 2025 was also the first new private credit deal to price in three weeks

CLO portfolio values, new issuance face tariff risk—KBRA
Market volatility and uncertainty around tariff plans have already led to some CLO deals being put on hold or delayed

Steven Cohen's Point72 makes private credit hires from Linden and Carlyle
EXCLUSIVE: The hedge fund has hired Linden Partners’ co-head of the structured capital fund for the new private credit team, also hired a principal from Carlyle

Bayview launches fund finance unit with new hires from 17Captial and JPMorgan
The asset manager has hired Michael Timms and Colin Doherty to co-head new strategy
   

State Street launches public-private market fund, leaning on Apollo
The new fund is designed for the US retirement channel and provides private market exposure through a pooled investment vehicle managed by Apollo

Audax prices unusual mezz-only mid-market refi
The deal saw the double As price 90bps narrow of the untouched triple As

Bain to manage Lincoln Financial assets, takes minority stake
Bain Capital plans to take a 9.9% stake in the life insurance and retirement plan firm and will manage more than USD 20bn for the firm’s general account over six years

Oak Hill Advisors fundraising multi-strategy private credit fund for wealthy investors
EXCLUSIVE: the new fund is currently only accepting accredited investors but intends to eventually open the product to the wider wealth channel.

Mid-market CLO refis price from Cerberus and PennantPark
The two deals both priced their senior triple As at SOFR plus 135bps

Carlyle’s AlpInvest raises USD 3.2bn in financing for private funds, GPs
The firm’s new AlpInvest Strategic Portfolio Finance Fund II will provide financing to private equity funds, GPs and LPs as well as private credit secondaries investments

Pantheon raises USD 5.2bn for senior debt secondaries
The latest fund, Pantheon Senior Debt III, was oversubscribed as interest from the insurance channel grows

US corporate private credit assets surpasses BSL, HY markets—LSTA
Despite the growth, leverage across various private credit vehicles remain modest, according to the industry group’s latest study  

First Eagle launches nontraded BDC that invests in US middle market private credit
The product will invest in directly originated, senior-secured, first lien loans to US middle market corporate borrowers

Massachusetts, midwest pensions disclose recent private credit moves – Public Pensions, Private Pursuits
ANALYSIS: Massachusetts, Michigan pensions reveal private credit investments totaling USD 225m, Illinois Municipal Retirement Fund commits USD 50m to Pemberton   

Partners Group launches dedicated private credit secondaries effort
EXCLUSIVE: The firm already has experience in private equity secondaries, infrastructure secondaries and real estate secondaries

Coller Capital buys USD 1.6bn portfolio, claiming largest senior direct lending secondaries deal
The private markets secondaries specialist has acquired a senior direct lending portfolio from a multiline US insurer

SCERS to merge private and public credit, as lines between asset classes blur
The US pension fund is seeing more hybrid credit strategies that invest across both public and private markets

Apollo’s MidCap resets second mid-market deal in quick order
The reset of middle market CLO Woodmont 2023-11 Trust followed shortly after the manager had repriced another such deal

Dechert adds Paul Hastings partner to bolster private credit, CLO biz
Brian Whaley will bring his experience in private credit, securitization and structured products to the global finance group

BC Partners secures USD 1.4bn for flexible, opportunistic credit
The private credit arm of the firm held a final close for its Special Opportunities Fund III