News & Analysis

Investors pull $3.7bn from Blackstone evergreen

BCRED lifted its 5% redemption limit to 7% of assets.

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.

NEXUS 2026 panel: Direct lending is a crowded trade

Competition for deals has risen to fever pitch and sourcing is a key differentiator, delegates heard.

Dutch insurer Achmea Pension & Life hires CIO with private credit focus

The new joint venture between Dutch insurer Achmea and US private markets manager Sixth Street plans to increase and diversify its private credit exposure and is expanding its investment team.

Jirí Król: Changing retail investors’ attitude to liquidity

Alongside performance and credit quality, liquidity has emerged as an equally important consideration, writes the global head of the Alternative Credit Council.

Ares loses Asia credit fundraising lead

The head of Asia product management and investor relations at the $623bn private market GP is moving on, Private Debt Investor has learned.

BNP Paribas: ‘Alternative” evergreen structures attract institutional investors

Run-off evergreens and rolling vintage umbrella funds are giving LPs more flexibility than traditional closed-end drawdown funds.

Loan Note: Read our Annual Review and discover award outcomes; Moody’s reflects on Blue Owl liquidity issues

Our Annual Review has been published, featuring 2025’s Awards winners. Also, Moody’s puts focus on liquidity not performance in assessing Blue Owl, and Bridgepoint extends music investment reach. Here’s today’s brief for our valued subscribers only.

PDI Awards 2025: Asia-Pacific winners

Blackstone claims Senior Lender of the Year and Ares Management takes Junior Lender of the Year in the Asia-Pacific awards categories.