Features: archive
Every Features story in Private Credit, newest first. 67 stories
1 story
- 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.
2 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.
- 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.
1 story
- 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.
2 stories
- 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.
2 stories
- 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.
- 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.
2 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.
- 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.
2 stories
- 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.
- The Wrap
Arcmont CIO says US lender retreat reduced European mid-market competition
Arcmont is seeing extra spread, better terms and less leverage on mid-market loans, according to Mattis Poetter.
1 story
- The Wrap
Moody's estimates 35% of US life insurer investments go to private credit
The NAIC review of the rated-note feeder structures insurers use to reach the asset class is ongoing.
2 stories
- Fund launches & raises
Ares files two feeders for Infrastructure Debt VI
SEC Form D notices for Ares, BH3, Blackstone Credit and Astatine vehicles list no offering amount and $0 sold.
- The Wrap
Bridgepoint, GFH Bank and AIP Capital are building a $1bn engine leasing platform
GFH Bank holds the cornerstone investor and strategic partner roles, and AIP Capital will lead engine sourcing and trading as the partners raise outside capital.
2 stories
- The Wrap
M&G seeds £74m private credit LTAF in part with with-profits cash
The Diversified Private Credit Feeder LTAF targets UK defined contribution schemes and sits inside M&G's £28bn private and structured credit platform.
- The Wrap
Apollo extends daily pricing as Deloitte finds 4% fully revalue daily
Deloitte counts 48% of private credit fund groups refreshing valuations daily on observable market inputs, while BlackRock puts first-lien software loans at about 97% of cost in the second quarter.
2 stories
- The Wrap
Tokio Marine anchors $300m first close of BlueOrchard and IFC's $2bn emerging-market debt fund
The evergreen vehicle targets pension funds, insurers and sovereign wealth funds.
- The Wrap
Brightwood Capital Advisors prices $253.55m CLO with GreensLedge as placement agent
Insurers, banks and asset managers indicated interest in notes rated AAA through BB, Brightwood Capital Advisors said.
4 stories
- The Wrap
Endowus launches CVC-managed European direct lending strategy in Singapore and Hong Kong
The announcement names the manager and the two markets but not target size, minimum commitment, fees, liquidity terms or vehicle structure.
- The Wrap
Liberty Mutual gets a $750m Orion option; HanseMerkur fund targets €500m
Orion and Liberty Mutual have jointly committed $240m so far to the Credit Income Strategy, and HanseMerkur Grundvermögen has already issued a €40m green loan.
- The Wrap
Debtwire counts 39 French H1 2026 restructuring mandates as lenders take ownership
The counted mandates cover €14.57bn of debt; Alvarez & Marsal ties lenders' stronger hand to a 2021 cram-down reform.
- The Wrap
Debtwire counts 39 French H1 2026 restructuring mandates as lenders take ownership
The counted mandates cover €14.57bn of debt; Alvarez & Marsal ties lenders' stronger hand to a 2021 cram-down reform.
1 story
- The Wrap
M&G rehires Duncan Batty to lead real estate finance; Triple Point lends £55m to Perch Group
Batty returns to the £14bn-plus real estate finance arm after 12 years at M&G and a Revolut lending role; the Triple Point loan sits inside a £400m package with NatWest, Shawbrook and Paragon.
1 story
- The Wrap
Tikehau lists private credit ELTIF on iCapital; StepStone and ASB launch Shari'ah fund
Tikehau's Luxembourg evergreen fund reaches wealth managers through iCapital's existing ELTIF 2.0 shelf; StepStone and ASB Capital's open-ended Shari'ah-compliant vehicle will lend mainly to US middle-market companies.
2 stories
- The Wrap
Toni McDermott of Arrow Global maps three private credit origination routes
The Private Debt Investor commentary separates direct origination, bank partnerships and synthetic risk transfer, and Arrow Global's €5.2bn fundraising went more to legacy credit than new loans.
- The Wrap
WhiteHorse Finance puts itself up for sale, BDC Reporter reports
The report names no buyer, price or timetable, as BDC Reporter called the sector's week one of its worst and Apollo pushed daily marks across an $850bn credit book.
2 stories
- The Wrap
Oaktree closes $2bn asset-backed fund as four managers still report zero sold
Oxford Finance raised $368m in five loans averaging above $70m, and Fidelity closed a $451m real estate debt fund.
- The Wrap
Apollo extends daily pricing to $850bn credit book; Metrics gates three ASX funds
Apollo's $1tn platform carries the July cadence into direct lending marked from internal models, while 9fin's Q2 BDC watchlist puts information technology at just under 36 per cent of $4.19bn in marked-down fair value.
2 stories
- The Wrap
Golub Capital invests $5m in AI credit developer F2 and deploys it across underwriting
9fin's Q2 BDC watchlist shows information technology at just under 36% of $4.19bn in marked-down fair value, with more than half the flagged credits maturing by 2029.
- The Wrap
Metrics Credit Partners suspends three ASX fund redemptions after KPMG valuation dispute
The Australian manager marked the vehicles down by as much as 12.16 per cent, and the coverage describes no borrower default behind the gate.
1 story
- The Wrap
Pemberton hires CLO head as Kartesia prices €459m and Värde hands off liquid fund
Kartesia's €459m debut clears at +129bp without arranger participation, four months after its loan-management launch.
2 stories
- Fund launches & raises
Castlelake, Canyon, Barings and Cerberus file numbered credit funds with zero sold
All five Form D registrations show zero sold and no target raise, leaving structure as the only filled-in part.
- The Wrap
New York Life takes majority stake in $20bn Invictus as M&G prices €457m CLO
The deal brings Invictus's Verus Mortgage Capital loan-sourcing platform under New York Life; M&G's fifth Margay CLO prints at €457m after Ontario Teachers' July €200m commitment.
1 story
- The Wrap
BDC shares fell again as the wider market rose, leaving third-quarter marks to explain why
A weekly price cannot separate a funding-cost repricing from a credit warning; the marks, especially loans held below 90, will show which.
2 stories
- The Wrap
Private credit's distribution war moves to the insurance shelf
BSP hired the coverage, Aegon built the wrapper, Enercon sold the pipeline. The three moves are one trade, and the firms building now are betting the anchor pool reprices later.
- The Wrap
The wealth wrapper is now the product
Same-day moves from Blackstone and Infranity show private credit's next scarcity is the distribution shelf.
1 story
- The Wrap
Private credit's 1.7% quarter came from the wrong sleeve
The composite improved on the sleeve allocators don't buy, and the week's deals show the industry paying for origination instead of capital.
1 story
- Fund launches & raises
Blackstone pre-wires housing and structured credit with zero sold
Six credit vehicles filed on one Monday, none with a dollar raised: the containers for private credit's next wave now exist.
1 story
- The Wrap
MSP Capital's £350m line is not the constraint
A £10 million ticket cap and a named Midlands hire show direct lending competition has moved from capital to boots-on-the-ground sourcing.