AI blockbuster deals surge as Middle East conflict test dealmaker confidence
Mergermarkets M&A Highlights 1Q26: Global M&A volume jumped 22% to the second highest start ever

Blackstone exits GP stakes position in Marathon after CVC buyout
Blackstone to receive USD 280m for stake; the asset manager first invested in Marathon in 2016

Antares launches USD 1bn+ GP-led private credit secondaries deal
EXCLUSIVE: The firm is back in the market with its second continuation vehicle and has hired advisors to help run the process

2026 kicks off with a lot of thunder and not much lightning
ANALYSIS: A lot of noise around geopolitics, Fed interference and market volatility has had little effect on the global CLO market, for now  

Pemberton reorganizes, appoints new private credit leaders
The firm’s chief credit officer is leaving at the end of March, the company said

Aegon resets post-RP US CLO
The repricing of Cedar Funding V was arranged by Jefferies, with the arranger bank enjoying a brisk start to the year

LPs seek cyclical private credit play amid US economic uncertainty
Many LPs pivoted to all-weather private credit strategies in recent years, but interest in more opportunistic and special-sits strategies reliant on a credit downturn are picking up once more

Investors fear SonicWall under attack by naked short seller
EXCLUSIVE: Term loan price declining sharply since September, with some trades unsettled for up to eight months;potential party who is shorting now needs to purchase loan to settle trades

Raymond James acquires CLO arranger GreensLedge
The deal is intended to strengthen Raymond James’ capital markets and advisory platform

Former Claren Road execs launch new private credit business
EXCLUSIVE: The new firm, Claren Road Private Credit Solutions, has already started managing assets for SMA clients

CFA warns of conflicts of interest in continuation funds
The growing popularity of continuation funds has raised questions around manager processes, the CFA Institute said

Blackstone lowers US reset spread tight to 124 as Golub and Napier Park also price narrow
Market heavyweights Blackstone, Napier Park and Golub each priced US BSL resets to close out last week, with Blackstone lowering the triple A spread level below the now-established SOFR-plus-125bp benchmark

Private credit secondaries poised for record year
Deals in the market are only getting larger and volumes are expected to surpass USD 18bn this year, a new Evercore report shows

PineBridge explores sale of structured capital fund
EXCLUSIVE: PineBridge Structured Capital Partners III looks to sell debt and equity portfolio; fund invests in junior capital, closed at USD 600m in 2016

Oak Hill and CIFC latest to print US resets at 125
Two more US resets have issued at the current market triple A benchmark, while Trinitas priced its latest reset at SOFR plus 131bps

Coller Capital backs Twin Brook in record USD 3bn private credit continuation vehicle
The continuation vehicle will acquire a diversified portfolio of sponsor-backed, senior direct loans from TPG Twin Brook’s 2016 and 2018 vintage funds

Morgan Stanley loses head of direct lending and co-head of North America private credit
EXCLUSIVE: the head of direct lending had also served as co-head of North America Private Credit at Morgan Stanley Investment Management; bank assigns new head  

17Capital raises USD 5.5bn for NAV lending to private funds
The alternative credit firm claims its 17Capital Strategic Lending Fund 6 is the largest NAV lending fund seen in the market to date

Man Group to acquire CLO and private credit manager Bardin Hill
The USD 3bn credit manager, now named Bardin Hill, is a private credit and US CLO shop based in New York

Onex hits reset once again on 2016-vintage US CLO
The manager priced its third reset of the nine-year-old transaction, with the triple As clearing at 130bps over SOFR

Maybe the only thing riskier than JPMorgan’s multifaceted private credit strategy is ignoring private credit entirely
No other bank has been as expansive in its attempts to join this market

Silver Rock raises USD 3.4bn, approaches final close for tactical private credit fund
EXCLUSIVE: The firm will invest across the private credit markets, pursuing deals in areas such as corporate credit, real asset credit and specialty lending

JPMorgan’s asset management arm seeks to raise direct lending fund
EXCLUSIVE: The asset management unit is raising capital from institutional investors for direct lending as the bank steps up lending from its balance sheet.

PAG raises USD 1.25bn for significant risk transfers
The Hong Kong-based alternative asset manager is expecting the SRT market to grow at a 30% to 40% rate annually over the next few years

L Catterton raises USD 450m in first close for debut direct lending fund
EXCLUSIVE: The direct lending arm of L Catterton launched the fund in 2024 and is targeting USD 1bn in commitments.