Bessent compares Trump to Milken, champions bank deregulation
The US Treasury Secretary also noted that the growth of private credit is a sign the banking system has been too tightly constrained

Apollo goes on post-Liberation Day buying spree
The alternative asset manager took advantage of public market credit opportunities as liquidity dried up

Texas bank launches direct lending division
Dallas-headquartered bank Texas Capital is expanding into the private credit market with the launch of a new direct lending platform 

Charlesbank raises USD 1.5bn for third private credit fund
Charlesbank Capital Partners held the final close of its Charlesbank Credit Opportunities Fund III earlier this month with USD 1.5bn raided, exceeding its USD 1.25bn target.

OMERS turns to APAC for latest private credit opportunities
Goldman Sachs Asset Management and the Ontario Municipal Employees' Retirement System have joined forces again for a new set of investments in the booming private credit market, this time targeting the Asia Pacific region

BlackRock buys European direct lender
BlackRock has announced that it will acquire full control of Kreos Capital, a European direct lender specializing in the technology and healthcare sectors.

MUFG appoints co-heads Emea capital markets
MUFG has appointed co-heads of capital markets for Emea

Black Diamond structured credit BD head joins impact investment firm
Black Diamond Capital Management's head of structured credit business development has parted ways with the firm after nearly four years, according to market sources. He is set to join start-up impact investment firm Lafayette Square as managing director and head of capital markets

Alantra buys 49% stake in European direct lender
Alantra has bought a 49% stake in European mezzanine and junior private debt manager Indigo Capital, which it says will consolidate its position in the French sponsorless market and accelerate its growth in Italy and other European geographies 

Voya loan co-head Norman set to retire
Dan Norman is set to leave Voya Investment Management, where he co-heads the senior loan team, at the end of the year

Wriedt buys minority stake in direct lender Scio and joins as strategic advisor
Oliver Wriedt, the former chief executive officer at DFG Investment Advisers, has bought a minority stake in European credit asset manager Scio Capital

Charlesbank hits $750 million hard cap on opportunistic credit fund
Charlesbank Capital Partners has wrapped up fundraising for its second credit fund offering, Charlesbank Credit Opportunities Fund II 

Former Barclays global CLO distribution head joins Nearwater
Barclays’ former head of global CLO distribution has landed at a risk retention financing firm as senior managing director in New York

Jefferies shelves structured synthetic plans as key man departs
Jefferies has put on ice its plans to build out a synthetic CDO origination, structuring and trading unit, having parted ways with the veteran specialist tasked with driving the venture

Oaktree BDC appoints CLO specialist as CEO and CIO
Oaktree Speciality Lending Corporation has appointed its new chief executive officer and chief investment officer, following the resignation of the incumbent CEO and CIO Edgar Lee

Pimco hires ex-KKR official to lead corporate special situations unit
Pimco has appointed a former KKR official to lead the firm’s corporate special situation unit

Oaktree's head of European distressed debt to lead expansion in Asia
Oaktree Capital's head of distressed debt for Europe and Asia will relocate to Hong Kong 

Kreos exceeds €600 million target size for its largest direct lending fund to date
Kreos Capital has held a final close for its sixth European growth debt fund at €700 million

PE firm hires direct lending specialist from GSO
Private equity firm AE Industrial Partners has appointed an experienced structured credit official as it looks to expand its structured credit offerings

Barclays hires another senior EM trader as Turkey continues to roil markets
Barclays has made an experienced hire to its EM credit trading team in London

Leveraged finance veteran leaves Mizuho in London after 22 years
The head of international acquisition finance at Mizuho, Paul Carman, has left the bank to bring to an end a 22-year affiliation with Mizuho

Capitala goes perma-cap route as it raises $1 billion for direct lending
Charlotte-based Capitala Group has successfully raised $1 billion for its latest private debt venture - Capitala Specialty Lending Corp

THL Credit assigns new role to senior portfolio manager Murphy
Alternative credit manager THL Credit Advisors has promoted managing director Brian Murphy to head of capital markets

Indianapolis manager reaches final close for $310 million mezzanine fund
The Indianapolis-based manager has held the final close on its fourth mezzanine debt and equity investment fund, hitting its hard cap at $310 million 

Japanese internet and telco giant SoftBank completes Fortress acquisition
Japan’s SoftBank Group Corp has completed the previously announced acquisition of Fortress Investment Group for $3.3 billion in cash