Outlook

State of the market Q2 2026: Pockets of pressure

According to some, the future is at stake (and perhaps be worried if your firm name begins with ‘B’), but there is little in the way of evidence that private credit faces a crisis that spans the entire asset class.

Alaska Perm: Retail capital could ‘change dynamics’ in large end of the market

The $85bn fund needs to think about whether it will be investing alongside retail capital when it evaluates GPs, according to deputy CIO Allen Waldrop.

Oxane report: Banks are coming back, non-bank lenders will benefit

‘Private Credit+’ is a $45trn opportunity globally. Direct lending, $1.5trn of that amount, is saturated, the report says.

Goldman external investing head: PE exit market has hit pause

The tariffs turmoil is exacerbating the trends and challenges facing private markets, creating a ‘fantastic time for secondaries’, says XIG global head Michael Brandmeyer.

Orlando Bravo: ‘The best PE firms are built around moments of dislocation like this’

The Thoma Bravo co-founder and managing partner spoke with PE Hub’s Mary Kathleen (MK) Flynn at PEI Group’s NEXUS 2025 summit.