News & Analysis

What the Fifth Circuit ignored in its ruling

The decision on the SEC’s private fund rules was made for the right reason. There was also a troublesome ‘wrong reason’ in the mix, but the court ignored it.

Loan Note: Limited partners want more private debt; strong performance from Europe’s mid-market

Coller finds strong appetite for private credit; European mid-market performing well; and new private credit blockchain solution launched.

NorthWall closes credit opps fund ahead of target on €640m

The firm’s second opportunistic credit fund closed at more than twice the size of its predecessor with backing from LPs across the US, Europe and Asia.

Accession secures €336m for hybrid fund

The firm will continue its strategy of backing Central European growth businesses with debt and equity solutions.

Slinkys, private debt and the bottom step

Will the private debt market achieve a soft landing or end up in a crumpled mess? Adil Kurt-Elli ponders the possibilities.

Loan Note: Healthy signs for US direct lending; Europe’s BSL market revival

Encouraging data for US direct lending; refinancings drive a revived broadly syndicated loan market in Europe; and LPs not as negative as you might think on NAV loans.

StepStone Private Credit Income Fund launches

Quarterly redemptions on the interval fund are limited to 5% of NAV, with minimum investments of $25,000.