Private Credit archive
Every Private Credit story, newest first. 416 stories
6 stories
- Direct Lending
Bain pegs average buyout hold at seven years
TPG Twin Brook's Betsy Booth expects holds to stay above the three-to-five-year model lenders underwrote.
- Direct Lending
Obra Capital closes fifth CLO at $403.6 million
Obra CLO issuance passes $2 billion across five deals in under two years.
- Fund launches & raises
Polus closes $400m reset of Polus US CLO I
The London manager's US print follows a €400m European CLO closed at the end of September.
- The Wrap
Tikehau deploys €943m of credit in busiest 2026 quarter
Add-on loans to existing borrowers were about 45% of direct-lending deployment in the first nine months, the quarterly update says.
- Direct Lending
Tikehau deploys €943 million of credit in busiest 2026 quarter
Add-on loans to existing borrowers were about 45% of its direct lending deployment in the first nine months, the quarterly update says.
- Who's investing
Goldman survey finds 37% of LPs plan to commit more capital
Most LPs say re-ups took a meaningful share of the past year's commitments, leaving fewer slots for new managers.
6 stories
- The Wrap
Blackstone raises $18bn for infrastructure and asset-based credit, including $16.5bn from insurers
Credit and insurance inflows reached $35.8bn in the third quarter, lifting assets to $480bn.
- Fund launches & raises
Blackstone credit and insurance assets reach $480bn after $35.8bn third-quarter inflows
Insurance separately managed accounts supplied $16.5bn of the $18bn raised by infrastructure and asset-based credit strategies.
- The Wrap
Sound Point hires Ninety One trio for European secured lending
Chris Rust and Lei Lei join as co-heads; the partnership is intended to support completion of the Ninety One European Credit Opportunities Fund 1.
- Direct Lending
Sound Point hires Ninety One trio for European secured lending
Chris Rust and Lei Lei join as co-heads of European secured lending; the partnership is also intended to support completion of the Ninety One European Credit Opportunities Fund 1.
- Fund launches & raises
ACORE Capital launches wealth platform, taps Apollo's Manning to run it
Mick Manning joins from Apollo's bridge investment group to run the unit, which offers high-net-worth investors the firm's commercial real estate credit and select equity strategies.
- The Wrap
Carne Group research finds 96% of private credit managers using AI
Remaining 4% plan to adopt within 12 to 18 months; Allvue's Brad Small says AI could let a deal team screen 10 opportunities in the time of one.
6 stories
- Fund launches & raises
Amundi raises nearly €200m in first close of Senior Private Debt V
The fund makes senior secured loans to companies with €15m-€50m EBITDA and is classified Article 8 under SFDR.
- Who's investing
Mansion House signatories held £11.1bn in UK private markets at year-end
Private debt and credit made up £0.9bn, behind £8bn in property and £1.3bn in infrastructure.
- Fund launches & raises
Sagard opens $5.9bn private credit platform to US advisors via Baird
Registered advisors and accredited investors gain access under a distribution partnership covering product innovation and advisor engagement.
- The Wrap
Arini closes first European direct lending fund with $4bn-plus target
Pensions, sovereign wealth funds and other institutions backed the fund, which had close to $2bn deployed at close.
- Fund launches & raises
Njord Partners names Kirsty Acton head of capital formation and fundraising partner
Acton joins from EQT's EMEA private wealth client relations team, effective 26 October.
- Direct Lending
Arini closes inaugural European direct lending fund with $4bn-plus deployment target
Commitments came from pensions, sovereign wealth funds and other institutions; close to $2bn has already been deployed, Alternative Credit Investor reported.
4 stories
- The Wrap
Macquarie Asset Management hires Blackstone's Linso Pals to lead credit fundraising
He will be responsible for global capital raising across private and liquid credit strategies.
- Fund launches & raises
Former ThinCats managing director Ravi Anand launches Ignite Funding Partners, seeks £500m
The new UK SME lender plans facilities of £1m to £25m, and several former ThinCats colleagues are set to join.
- Fund launches & raises
Ares files SEC Form D for Stegosaurus secondaries vehicle with $0 sold
The Oct. 14 filing leaves the offering size undisclosed; all 20 Form Ds dated Oct. 13–16 in our records report $0 sold.
- The Wrap
CIC Private Debt prices €403.75m Victory Street CLO III through BNP Paribas
The deal drew ten new investors alongside existing backers and priced €96.25m above the €307.5m August reset of Victory Street CLO I.
7 stories
- Direct Lending
CIC Private Debt prices €403.75m Victory Street CLO III through BNP Paribas
The vehicle drew ten new investors alongside existing backers and priced above the €307.5m August reset of Victory Street CLO I.
- Direct Lending
iwoca adds €185m German line with ABN AMRO senior, Neuberger mezzanine
The refinancing takes iwoca's total German commitment past €560m as it targets a €1bn loan book by 2028.
- The Wrap
Nuveen Private Capital passes $100bn in committed capital
The Churchill-Arcmont platform says it invested $27bn across more than 400 middle-market deals in the past year and remains 93 per cent institutional.
- Fund launches & raises
Nuveen Private Capital passes $100bn in committed capital
The Churchill-Arcmont platform says it invested $27bn across more than 400 middle-market deals in the past year and remains 93 per cent institutional.
- The Wrap
Goldman, Phoenix form credit partnership; Japan PFA lifts alternatives to $19bn
Phoenix Financial gains access to Goldman Sachs Alternatives' private investment-grade, senior direct lending and opportunistic credit capabilities.
- Distressed & restructurings
Hamburg Commercial Bank hires Alantra's Fabrizio Sicilia to head NPL financing
Sicilia, who Alternative Credit Investor reports underwrote more than €200bn of non-performing exposure portfolios at Alantra, will be based in London and report to Bryant Lau.
- Direct Lending
Debrett's launches debt advisory team, hires FRP's Simon Sherliker to lead
Umito Choji joins as senior director; the UK adviser adds debt funding advice alongside its M&A work for mid-market clients.
6 stories
- The Wrap
Direct lenders shift origination toward energy, defence and hard assets
Investec's Greg Betz says activity has centred on "old economy sectors," while Canyon and Federated Hermes cite energy and defence spending, per Alternative Credit Investor.
- Direct Lending
Goldman Sachs, Phoenix Financial partner; Phoenix to deploy more than $4bn
The Israeli asset manager gains access to Goldman Sachs Alternatives' private investment-grade, senior direct lending and opportunistic credit capabilities.
- Direct Lending
Permira Credit prices $401.9m Menlo CLO VI, lifting liquid credit AUM to $9.5bn
The pricing is Permira Credit’s fifth CLO priced in 2026 and its 21st globally, according to Alternative Credit Investor.
- Fund launches & raises
Carlyle agrees to acquire $7.7bn Truist consumer loan portfolio
The unsecured personal loan pool is mostly fixed-rate, fully amortising loans to prime and super-prime borrowers.
- The Wrap
Main Street Capital's preliminary Q3 metrics point to a softer quarter, BDC Reporter says
BDC Reporter's weekly recap also says BDC common stocks dropped again in the week ended Oct. 9.
- Who's investing
Japan's Pension Fund Association lifts alternative holdings to about $19bn
Alternatives reached 21.3 per cent of the basic pension portfolio and 31.7 per cent of the corporate pension portfolio in the year to March 2026.
5 stories
- Distressed & restructurings
LSTA submits Third Circuit amicus brief in W.R. Grace on absolute priority
The trade group says its brief addresses the rule requiring a debtor's creditors be paid in full before stockholders recover.
- Fund launches & raises
Victory Park launches tokenized feeder for asset-backed credit fund
The Janus Henderson affiliate built the feeder with Tradable on Stellar; it expects quarterly liquidity and monthly stablecoin payouts.
- Who's investing
Liberty Mutual Investments, Elda River partner on $500m mid-market credit
The arrangement extends an existing relationship and broadens the senior credit financing Elda River can offer middle-market borrowers in energy and infrastructure, power and renewables, and energy efficiency.
- BDCs
Main Street Capital discloses preliminary third-quarter 2026 metrics
BDC Reporter, comparing the figures with second-quarter actuals, says they suggest a BDC performing more weakly than three months before.
- The Wrap
Monroe Capital lists Vienna ETN for lower-middle-market direct lending
The US dollar note, issued by PM Alpha Designated Activity Company, carries a $50,000 minimum and is not offered in the United States or to US persons.