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

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

Citi, HPS strike EUR 15bn private debt program
BlackRock-owned HPS and Citi are working together to offer private capital solutions to sponsor-backed and corporate-owned borrowers

King Street wins Saudi backing for new Middle East-focused private credit fund
A new credit fund will seek to provide private capital solutions to corporates and to conduct asset-based lending within Saudi Arabia and MENA

Blackstone to launch new private multi-asset products for affluent individuals
The new products, expected to come in the following months, will offer exposure to multiple private market asset strategies at once

Ex-PJT Park Hill MD joins Churchill to help reach EMEA investors
Bynjar Agnarsson will focus on developing US private credit investment products for investors in Europe, the Middle East and Africa

Africa-focused alternative asset manager Enko Capital completes first close for flagship fund
The fund seeks to address the structural credit gap facing mid-sized African firms and to demonstrate the commercial potential of private credit on the continent

Mizuho taps head of sponsor coverage and levfin for EMEA
The bank named Waqaas Lone to the role and also appointed a deputy head of sponsor coverage and leveraged finance for the region

Private credit funds, partner banks present risks as global growth slows—IMF
Private credit funds and their partner banks can face losses as a slowing economy will challenge borrowers’ ability to repay loans

Tariffs will increase defaults – Blackstone
The alternative asset management giant also said the private credit market is providing financing that previously would not have been available in times of dislocation like this

L&G launches private debt impact investing strategy for UK retirement investors
The insurer has now committed more than USD 1.1bn for private debt investments that will support nature conservation and sustainable development in emerging markets

Goldman's private credit venture with Saudia Arabia's PIF shows Middle East growth
ANALYSIS: The last few years has seen private credit managers court large Middle Eastern LPs or seek to start investing in the region

Ninety One raises USD 260m for African private debt
Ninety One, a global asset manager affiliated with Investec, has held a USD 260m first close for its latest African and emerging markets private debt fund