Investors

The firm raises $850m in discretionary commitments, with $465m in co-investment capital.

Speakers at the PDI Europe Forum raised concerns around areas such as climate change, an upcoming wall of debt refinancing and a shift into lower-rated credit.

Net proceeds near C$1bn to be redeployed as the market for NPL portfolios changes.

Lenders are starting to use SLLs for more than just operational improvements.

Bay State regulators widen the blast radius.

While private credit demand has remained relatively high, more investors are seeking infrastructure funds according to analysis by Bfinance.

Singapore-based partner Audrey The sees fast growth in the investment advisory firm’s wealthy client base in Asia and a continued rise in new allocations to private credit.

The Chicago-based manager beat its target fundraise, deploying 30% of the fund’s commitments as of the final close.

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.

While the vibe at the PDI Europe Summit was largely positive, there are concerns over the asset class, though they’re not the ones currently getting most attention.