Direct lending competition ramps up, even in middle market and small cap
Proprietary deal flow is increasingly rare, Barings President Matthew Freund said on a panel during DealCatalyst’s conference in Nashville

JPMorgan enters private credit big leagues with USD 4bn Boeing unit financing
EXCLUSIVE: The bank takes down the third-largest piece of the giant unitranche, lending shoulder-to-shoulder with direct-lending giants

State Street, Apollo to rename private credit ETF, responding to SEC concerns
The US regulatory agency said the previous name, SPDR SSGA Apollo IG Public & Private Credit ETF, may be misleading to investors

Apollo prioritizes origination as dry powder pressures mount in private debt industry
Apollo's Rowan says sourcing deals will be the limiter of growth for his industry rather than finding capital, and will prompt more tie-ups with banks

Apollo launches new BDC backed by Mubadala
Apollo has created a new private BDC that will invest money from Abu Dhabi-based sovereign wealth fund Mubadala Investment Company, in addition to other institutional investors.

Apollo launches private markets secondary fund
Apollo has registered to launch its new private markets secondaries vehicle, Apollo S3 Private Markets Fund

Alpha Dhabi taps Apollo Mubadala partnership with $2.5 billion private credit JV
The group will leverage Mubadala's relationship with Apollo Global Management to access "high quality private credit investment opportunities" 

LP round up: two managers terminated as 20 win $2.5 billion
US institutional investors allocated over $2.5 billion to 20 credit managers in October, according to documents seen by Creditflux. Two credit fund managers however were terminated in the month

Credit funds at a glance (November 2022)
A round up of fundraising and people moves in credit

Credit funds at a glance (October 2022)
A round up of fundraising and people moves in credit
 

   

LP round up: $2.7bn flows to 20 credit managers as investors battle PE overallocation
Investors faced huge headwinds in September with inflation, rising interest rates, and geopolitical turmoil, alongside the UK gilts sell-off at month end

Michigan pension pledges over $1 billion to three US credit managers
Michigan Retirement System has pledged just over $1 billion to three credit managers

Apollo co-founder Harris launches $5 billion firm
Apollo co-founder Josh Harris announced the launch of a new $5 billion asset management firm on Friday named 26North Partners, which will invest across private equity, credit and insurance solutions

LP round up: private credit takes big slice of inflows as 10% portfolio share projected for 2026
Institutional investors revealed nearly $4 billion allocations to credit funds in July, with recipients including Angelo Gordon, Apollo, Ares, BlackRock, Brookfield, CarVal, Comvest, Deerpath, KKR, Schroders and Sixth Street

Apollo invests $1 billion in IG CLOs, launches secondary solutions platform and cuts BDC fees
In its earnings call, Apollo highlighted the resilience of the CLO asset class, strong deployment in direct lending, upcoming reduction in management fees for its publicly traded BDC and the launch of a new secondaries and sponsor solutions platforn, seeded by Abu Dhabi Investment Authority

Apollo launches private credit JV with Belstar in Korea
Apollo says it has been “exploring the market opportunity in Korea with a heightened degree of interest for several years”

LP round up: Apollo and Silver Rock win over $1 billion as pensions plough into private debt
Institutional investors allocated at least $2 billion to credit funds in April, according to Creditflux data, with Apollo and Silver Rock emerging as big winners

Credit funds at a glance (March 2022)
A round up of fundraising and people moves in credit

Pemberton adds managing director in London
Pemberton has appointed a London-based managing director in its credit team

Credit funds at a glance (February 2022)
A round up of fundraising and people moves in credit

Apollo launches $1 billion non-traded private credit BDC targeting individuals
Apollo has launched its first non-traded business development company, Apollo Debt Solutions BDC, with ‘more than $1 billion’ assets under management

US pensions assign $1.5 billion to 16 credit managers in December
US public pensions rounded off 2021 by gifting credit managers around $1.5 billion in commitments, according to documents seen by Creditflux

Apollo poaches private debt secondaries head from Tikehau
Apollo Global Management has poached Tikehau's private debt secondaries head, five months after launching a $1 billion platform in May

Credit funds at a glance (October 2021)
A round up of fundraising and people moves in credit

Credit funds at a glance (July 2021)
A round up of fundraising and people moves in credit