Private Credit archive
Every Private Credit story, newest first. 417 stories
8 stories
- Fund launches & raises
Star Mountain closes first collateralised fund obligation with Evercore
The rated vehicle gives insurers and institutions investment-grade exposure to US lower middle-market loans.
- Fund launches & raises
Pension anchor opens Homestead's first agriculture credit fund
A $150 million state pension commitment puts Homestead Capital's first agriculture private credit fund on track toward its $350 million target.
- Direct Lending
TPG Twin Brook pitches lower mid-market as patience play
A sponsored feature argues the segment's pricing premium and protections go to lenders who stay committed.
- Fund launches & raises
Three managers price $400 million CLO deals on a single Friday
Napier Park, Post Advisory and Blue Owl each priced a $400 million broadly syndicated loan CLO on Friday, per Creditflux.
- Direct Lending
NVIDIA signs six firms to $500 billion compute financing push
Memorandums of understanding could open a new private credit channel for AI infrastructure, but the hard terms are not public.
- Who's investing
Currency erases CPP credit gains, net return falls to 3.7%
A 10.7-point swing in a major institutional credit book shows allocators where the real risk lives.
- Distressed & restructurings
Distressed-for-control returns as SVB-era crunch makes lenders owners
Private Debt Investor argues the liquidity crunch that felled SVB is turning lenders into owners again.
- Direct Lending
HPS: AI buildout moves private credit beyond buyouts
HPS says AI infrastructure loans are judged on counterparty strength, not technology calls.
4 stories
- Direct Lending
Carlyle expects more amend-and-extends ahead of the 2028 wall
The firm's second-half outlook sees direct lenders pushing maturities past the wall.
- Who's investing
Mercer ranks private credit ahead of public fixed income for insurers
Insurer priorities now point to private credit; managers must turn the ranking into committed capital.
- Direct Lending
PGIM takes full Deerpath control as credit consolidation accelerates
Minority stakes are turning into full buyouts in private credit's 2026 M&A wave.
- Fund launches & raises
Partners Group closes $1bn Asian private credit mandate
An open-ended evergreen with a co-investment sleeve signals a deliberate institutional build in Asia Pacific direct lending.
5 stories
- The Wrap
Private-credit managers turn to selling as direct lending halves
Palmer Square weighs a sale while BlackRock TCP sells half its BDC portfolio into a continuation vehicle.
- Direct Lending
US direct lending volume sinks below half its first-quarter pace
A quarter-over-quarter collapse of this size resets near-term calculations for lenders and allocators.
- BDCs
BDC Reporter posts Q2 2026 scorecards for Hercules, Ares
The outlet calls Hercules an early-season standout and applies the same review to BDC giant Ares Capital.
- Fund launches & raises
Palmer Square explores sale while weighing growth options
The CLO and private-credit manager is in early conversations about a possible sale, with organic and inorganic growth options under consideration, according to Creditflux.
- BDCs
BlackRock TCP sells nearly half its BDC portfolio to a continuation vehicle
A ground-breaking continuation-vehicle sale cuts TCPC's income base and raises the odds of a sale of the remainder.