Credit funds at a glance – June 2025
Our roundup of top performers, fundraising and moves in credit

Credit hedge funds – June 2025
Credit hedge fund performance

Private credit inflows face uphill battle even as 401(k) doors open
Although US President Trump’s executive order opens defined contribution retirement plans like 401(k)s to private credit investments, a sudden and meaningful rise in inflows is unlikely 

Ares diversifies away from institutional, commingled private funds
During the second quarter, 55% of capital came from the institutional channel and just 30% of this was for its traditional funds

NYS Common Retirement Fund to invest USD 100m in Pearl Diver's distressed CLO fund
Public Pensions, Private Pursuits: New York State, Ohio pensions reveal recent private credit investments 

Carlyle promotes credit head to co-president amid senior reshuffle
Mark Jenkins joins John Redett and Jeff Nedelman as new co-presidents of Carlyle

Capital Four raises around USD 120m for first global captive CLO equity fund
EXCLUSIVE: The firm has held a first close for its latest CLO equity fund, which will fund the firm’s future CLOs in both the US and Europe

Private credit managers find “white space” even as capital concentrates among the few – Mercer
Institutional investors commit most of their capital to established private credit firms of scale, but they’re often more willing to take a chance on newcomers in strategies outside of direct lending

Dechert adds two partners for private funds, rated note capabilities
The two will bring expertise to help credit managers navigate the formation of private funds, rated funds, CLO equity funds and derivatives

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

Monroe launches client solutions group to build blended portfolios
EXCLUSIVE: The private credit firm is forming a team to build products that mix investments across strategies such as direct lending, CLOs, structured credit, venture and more

Credit hedge funds – May 2025
Credit hedge fund performance

Credit funds at a glance – May 2025
Our roundup of top performers, fundraising and moves in credit

Turning Rock hires head of credit
The new head of credit joins from Z Capital Group, where he oversaw both funds and CLOs

Credit hedge funds – April 2025
Credit hedge fund performance

Credit funds at a glance – April 2025
Our roundup of top performers, fundraising and moves in credit

Credit hedge funds – March 2025
Credit hedge fund performance

Funds at a glance – March 2025
Leading fund – Lupus Alpha CLO Opportunity Notes I

Credit hedge funds – April 2025

Fund performance - February 2025
Structured finance leads, but all indices stay positive as 2025 begins

Credit hedge funds - February 2025

Partners Group seeks to more than double private credit AUM
The alternative investment firm plans to grow private credit AUM to more than USD 70bn and could consider acquisitions

IG private credit market could swell to USD 23trn: Carlyle’s Mark Jenkins
Podcast: "Credit Exchange with Lisa Lee" interviews Carlyle's global head of credit Mark Jenkins on investing in the era of uncertainty and shifting secular trends

Credit hedge funds - December 2024
Credit hedge fund performance

Fund performance - December 2024
CLO funds cap off strong 2024 with yet another good month