European private credit CLOs ramp up, with Pemberton, Ares readying new deals
Pemberton to join Ares with new issues next year, while Barings looks at a reset of its initial static deal

Ares launches seventh Asia-focused distressed debt fund
The global credit manager previously raised USD 2.4bn for the predecessor fund in the series

CalPERS invests nearly USD 5bn in private credit in 2Q, with Ares, Sixth Street as biggest winners
 Public Pensions, Private Pursuits: California, Connecticut state systems make large private credit moves

Ares readies next flagship alternative credit, senior lending funds
The alternative credit manager also recorded its highest fundraising quarter, corralling USD 30bn from investors

Ares to acquire systematic credit shop BlueCove
The London-based fixed income manager invests in high-yield, corporate investment grade, convertible bonds and other liquid credit assets

Ares issues billion-dollar direct lending CLO, matches AAA tight
The senior triple As priced at SOFR plus 140 bps, seven bps inside the average triple A spread for mid-market deals throughout October

Regulators will see the benefits of private credit – Blackstone
The resilience of private credit will become clear following a review of the sector by UK regulators, says Blackstone’s Daniel Leiter

New mid market issues from Ares, Deerpath total over USD 1.3bn
The two managers each priced deals worth over USD 650m on Thursday

Corinthia Global Management hires Ares alum in New York
The global private credit manager has hired former Ares partner Craig Shirey to serve as a managing director

Alaska, Pennsylvania among pensions disclosing recent private credit investments
Alaska retirement system reveals over USD 400m in private credit investments and Pennsylvania and Texas pensions make new commitments to European private credit funds, while Maine PERS commits to another new TPG Twin Brook fund

Ares and MSEV deals mark 20th US reset in past two weeks
Ares and Morgan Stanley Eaton Vance both priced resets of BSL CLOs on Tuesday, meaning some 20 such transactions have been issued in the US market over the past fortnight as investor appetites remain healthy

Ares prices sixth CLO reset of 2025
Monday's USD 651m deal saw its triple As print slightly inside the rolling two-week average for the market

Citi hires head of private credit originations in North America 
The new hire joins from Ares Management and will start in October

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

Seven managers make up 90% of private credit fundraising – Morningstar
Over the last five years, Apollo alone accounted for 29% of all capital raised for private credit

European CLO veteran Boris Okuliar departs Ares
The exit sees the loss of Ares’ co-head of its global liquid credit business after nine years at the firm, to spend more time with family and explore new opportunities

Canadian giant PSP to deploy CAD 6bn to IG private credit
EXCLUSIVE: The allocation will focus on investment grade opportunities across infrastructure, asset-backed and structured debt financing

Barings moves toward second Euro private credit CLO as Blackstone, Apollo mull initial deals
EXCLUSIVE: The firm that cracked the European private credit CLO market open last year is working on its second such deal, while Blackstone and Apollo eye a market entry

Ares and Apollo price US resets at 131
The two leading managers both priced US resets on Wednesday, together valued at almost USD 1.2bn

Ares launches direct lending fund for European wealth investors
The firm’s first ELTIF product will give individual investors access to its existing European direct lending strategy

Ares 'bespoke' mid-market CLO unlocks UK insurance capital
Ares’ debut mid-market European CLO employs a highly unusual structure that allows it to attract investments from UK insurance firms

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  

The M&A market is normalising – Ares’ Matt Theodorakis
PODCAST: “People are looking to do deals going forward” after taking a pause following ‘Liberation Day’, Theodorakis told Lisa Lee, managing editor at Creditflux, on the latest Credit Exchange podcast

Europe sees first reinvesting private credit CLO as Ares prices rare sterling deal
The second private credit CLO in Europe is comprised of over 50 middle-market companies based in the UK, primarily operating in defensive industries

Ares issues new half-billion-dollar BSL-backed CLO
The top of the stack printed at SOFR plus 132bps, while a senior tranche of triple Bs priced at SOFR plus 285bps