News & Analysis

Loan Note: Secondaries fundraising bonanza continues; Carlyle exec questions regulatory focus

Coller, Ares provide further boost to secondaries fundraising. Also, Carlyle’s Jason Thomas thinks regulators may be looking in the wrong direction for signs of structural stress. Here’s today’s brief for our valued subscribers only.

Senior debt fundraising falls from its peak

Our data for private credit capital raising by strategy shows investors once again diversifying their commitments rather than concentrating them.

Hertz case offers win for bankruptcy creditors of solvent debtors

Supreme Court decides not to decide, leaving in place a Third Circuit decision and boosting a rule for protection of creditors.

Los Angeles pension sets $550m private credit target for 2026

LACERS has set in motion a plan to grow allocation to the asset class from 1.9% to 5.75%.

Coller Capital wraps up Fund IX raise on $12.5bn hard-cap

The firm hauled in $17bn across secondaries funds, evergreen vehicles and separate accounts in latest fundraising cycle.

Oaktree launches asset-backed credit interval fund

Fund targeting wealth platforms will work with extensive network of third-party originators to source investments.

Apollo’s Midcap gets ratings upgrade after $3.1bn debt issuance

The manager’s primary direct-origination platform’s senior unsecured notes and credit facility are now rated investment grade.

Loan Note: 2025 fundraising total beats previous year; UK’s House of Lords uneasy at private credit risk

Full-year data for 2025 shows a resilient fundraising landscape. Also, UK’s House of Lords criticises Treasury “passivity” over private credit. Here’s today’s brief for our valued subscribers only.

Benefit Street Partners holds $3bn final close for flagship real estate debt strategy

The firm reached its hard-cap for BSP Real Estate Opportunistic Debt Fund II with 29 months of time logged fundraising on the road.