News & Analysis

TPG holds $6.2bn final close on third special sits fund

The fund, launched in 2023, exceeded s $4.5bn target, and will focus on both public and private firms.

Monroe Capital launches its first perpetual-life, non-traded BDC for retail investors

MLEND will be available to clients of financial advisers through US-based RIA and broker-dealer networks

SL Green Realty holds final close on $1.3bn fund

The opportunistic debt fund beat its $1bn target and will focus on high-quality office assets in New York City.

Talent, insurance and retailisation: Looking to 2026

Private credit is the ‘centre of gravity’ for capital formation labour markets, according to Jensen Partners.

Loan Note: Defaults set to rise in 2026; Andalusian backs music deal

Despite low payment defaults, signs of stress could see more firms get into difficulty next year, according to KBRA. Also, Andalusian provides a debt package for a music rights platform. Here’s today’s brief for our valued subscribers only.

NAIC eyes new framework for regulatory credit ratings

Effective 1 January, state insurance regulators will have more leeway to challenge credit ratings

Sun Life’s private markets manager targets double AUM under Kalsi leadership

Private real estate veteran Sonny Kalsi is to lead a growth strategy for Sun Life Capital Management, which aims to see its assets under management double to $600bn within five years.

The stress test is just the beginning

With the first details of the BoE stress test now emerging, firms had better get ready for a surge in interest from regulators.

Loan Note: Refinancings dominate European debt deals, Monroe closes third 2025 CLO

Refinancings continue to make up the majority of European corporate credit deals, despite a recovery in M&A. Also, Monroe Capital closes its third CLO of the year. Here’s today’s brief for our valued subscribers only.