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Thursday, October 29, 2026 · Today’s edition, 6:30 a.m. ETThu, Oct 29 · 6:30 a.m. editionSign inMy Desk 0EditionsSign in

Private Credit Daily

from Private Wealth Daily

The edition as it went to readers: 6 stories.

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The lead

AllianzGI leads KKR's first direct lending continuation vehicle

The portfolio is mostly senior US direct lending loans and the deal size was not disclosed.

Fund launches & raises

Sycamore Tree closes $504 million CLO of U.S. syndicated loans

Alternatives Watch reported the close in its Oct. 27 roundup, and terms beyond size and collateral were not disclosed.

Fund launches & raises

AllianceBernstein private markets AUM jumps 33% to $105 billion

Private markets grew 33% year over year even as total assets slipped 1% to $900.4 billion on $8.4 billion of retail outflows.

BDCs

Ares Capital agrees to buy MFIC from Apollo for $2.6 billion

MFIC holders get $10.88 a share in cash and stock: 30.1% above the Oct. 26 close, about 15% below its preliminary Sept. 30 NAV estimate.

Who's investing

84% of investors and advisors plan to raise private markets allocations

Private credit drew 44% of those adding exposure, up 20 points, per Brown Brothers Harriman's survey of 500 investors and advisors.

Who's investing

OMERS to take indirect minority stake in A$27bn La Trobe Financial

Brookfield keeps majority ownership; closing is expected in the first quarter of 2027, subject to regulatory approvals.

Private Credit Dailyfrom Private Wealth Daily

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