News & Analysis

Ares and Clearstream pen deal to expand wealth manager access

The deal will make Ares’s private markets products available to a wider range of wealth managers.

Blue Owl’s liquidity event: The OTF notes

The top three exposures in the publicly traded technology BDC are software, software apps and healthtech.

Amid cautious foray into private credit, WSIB’s consultant confident in timing of program’s launch

Washington heard from its consultant, Albourne Partners, that ramping up a private credit allocation in a stressed market may allow for stronger documentation and higher spreads.

Loan Note: Redemptions spread to private equity; PGIM launches wealth fund

Partners experiences redemption challenge as credit issue spreads to equity. Also, we launch our latest Rising Stars programme; and PGIM unveils new wealth fund. Here’s today’s brief for our valued subscribers only.

Last call: Cast your votes for PDI’s Rising Stars 2026 list!

The 2026 list will feature individuals under the age of 40 whom we believe have the ability and potential to shape the asset class in the years ahead.

BCRED caps repurchase requests: feature or bug?

Blackstone, facing 10% redemption requests, adds to the recent spate of redemption limits from BDCs as outflows rise.

HSBC raises $2bn for UK direct lending second vintage

The strategy involves investing in private equity-backed deals originated by HSBC’s UK banking arm.

Crescent Capital closes fund with $10.8bn of investable capital

The fourth vintage lower mid-market fund, the manager’s largest ever, raised more than $5.5bn of equity.

The two “D’s” – a new era of dislocation and dispersion

This week’s publication of our latest fund performance data was a reminder that strong returns can be made in troubled times.