Acquisition

GCM Grosvenor closes credit secondaries fund on $1.2bn

The North America-focused fund exceeded its $886m target, with the fundraise expanding its private credit platform.

2 min read · 27 July 2026

Pantheon backs BlackRock BDC’s credit CV

The new vehicle will house over $500m of debt positions held by TCPC, with pricing coming in at 95% of gross fair value as of 31 December 2025.

2 min read · 06 August 2026

Medallia taken over by Blackstone-led creditor group

The creditor trio will inject $150m to reduce Medallia debt, in addition to $500m from the company to invest in AI efforts.

2 min read · 18 June 2026

Woes continue at FS KKR: Enhancement actions announced

JPMorgan cuts exposure to the publicly traded BDC after downgrades and stock price dive.

2 min read · 12 May 2026

Lazard to expand in infra and credit with Campbell Lutyens acquisition

The $575m deal will create a specialised private capital advisory platform, Lazard CL, with Holcombe Green and Gordon Bajnai named as co-CEOs.

2 min read · 01 May 2026

New York Life and Candriam acquire majority stake in Kartesia

The deal sees the existing minority shareholder take 80% of the European private credit business.

1 min read · 03 March 2026

Kennedy Wilson to be taken private in $1.65bn Fairfax-linked deal

The duo extends their long-standing relationship in a transaction led by the Beverly Hills-based manager’s executive suite with funding from Fairfax.

3 min read · 17 February 2026

Nuveen’s takeover of Schroders to create $2.5trn asset manager

Schroders Capital, the private capital arm of Schroders, manages more than $25bn in private equity assets.

4 min read · 12 February 2026

KKR sees $100bn potential in Arctos acquisition

‘We really like the idea of building a secondary platform with a blank sheet of paper,’ KKR CFO Rob Lewin said on the firm’s Q4 2025 earnings call.

2 min read · 05 February 2026

Breaking down Apollo REIT’s $9bn commercial real estate loan sale

Apollo Commercial Real Estate Finance this week sold the residential- and office-heavy portfolio to Athene, its insurance arm.

2 min read · 29 January 2026

Benefit Street and Alcentra merge under BSP brand

The move completes the integration of Alcentra and Benefit Street Partners, both of which are part of Franklin Templeton’s alternative credit platform.

2 min read · 26 January 2026

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