Banks are piling into the CLO market – BSP
Despite negative headlines around the alternative credit space, banks are still supportive of private debt and the CLO market behind closed doors, according to Benefit Street Partners

North Carolina, Wyoming among systems pursuing alternative credit strategies
North Carolina commits USD 500m, plans another USD 2.8bn; Wyoming, Texas, Illinois target ABL, tactical, opportunistic strategies

Federated Hermes taps Benefit Street’s special-sits exec to lead European credit team
Carlos Gross, who ran special situations at Benefit Street Partners, has been named head of European credit opportunities in Federated Hermes' private credit team

Benefit Street Partners CEO says private credit’s doomsday scenario is overblown
PODCAST: The ‘doomsday scenario’ for software loans represents a complete over-exaggeration, says David Manlowe, CEO of Benefit Street Partners, on the latest episode of Credit Exchange with Lisa Lee

Benefit Street Partners targets Japanese private credit, CLO investments with new hire
Franklin Templeton subsidiary Benefit Street Partners has appointed former Blue Owl MD Takeshi Yamamoto in a newly-created role

Majority of LPs expect to mix public and private credit despite liquidity challenges – BSP survey
Within the next five years, 59% of global institutional investors expect to take an integrated approach to public and private credit investments, new research from Benefit Street Partners shows 

LACERS stalls private credit consultant renewal, Connecticut system issues RFP
The Texas County & District Retirement System invests another USD 60m in Alcentra's Structured Credit Opportunities Fund V, while LACERS delays private credit consultant renewal over fees

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

Benefit Street closes USD 850m special situations fund
Benefit Street Partners held the final close of an upper middle market focused special situations fund with roughly USD 850m