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

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

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

New York Life Investment Management and Candriam increase Kartesia stake to 80%
The two firms previously held 33% of the ownership of the private debt company, which is expected to enter the European CLO market soon

CAPZA raises EUR 1bn for senior direct lending strategy
The latest fund is already 60% deployed, and CAPZA is planning to launch the next vintage in the series in 2026

Wafra backs European private credit manager with minority stake
The Kuwait-linked alternative asset manager made the investment in Ardian via its strategic partnership program

Neuberger Berman raises USD 7.3bn for US direct lending
The firm held a final close for NB Private Debt V, which will be used to invest in senior secured, first-lien and unitranche direct loans

HIG WhiteHorse corrals USD 5.9bn for US direct lending
The latest fund will be used to originate senior-secured loans for both sponsored and non-sponsored corporate borrowers

Apollo looks elsewhere, saying CLOs suffer from commoditization
The alternative asset manager said CLOs have tightened to levels that are unsustainable

PGIM closes sophomore senior debt fund with USD 4.2bn
The commingled, private fund will be used to lend to middle-market companies across North America, Europe and Australia

CalPERS hires Dutch pension alum to head private debt
The new hire fills the empty seat left by Jean Hsu, who retired from the position last year

US pensions increasingly eye European private credit amid expanding allocations, diversification pressures
US public pensions have committed at least USD 4.4bn to European private credit strategies since July 2024  

Access Pool plans to allocate GBP 350m to direct lending
UK-based pension system Access Pool is looking to allocate to direct lending strategies in Europe and the US