Talk has been growing louder about capital migrating away from the US and the rise of private credit secondaries. Evidence for both has emerged in our latest research.
2 min read · 09 October 2025
We recognise the women driving change in private markets. Plus: BlackRock notes continuing growth opportunity; and Tikehau adds deputy head from within its ranks. Here’s today’s brief for our valued subscribers only.
5 min read · 09 October 2025
As the $87bn California pension approves change to remove a cap on manager names in the portfolio, CIO Jonathan Grabel says the system doesn’t have unique concern about credit market.
3 min read · 09 October 2025
The move to broadly syndicated loans portends a battle over ever-growing mega-deals.
2 min read · 08 October 2025
With GP-led deals taking centre stage amid a subdued M&A market and LP thirst for liquidity, private credit secondaries have a big role to play in the asset class’s future. By Daniel Roddick of Ely Place Partners.
5 min read · 07 October 2025
Record fundraising in Q3 for private debt as investors seek stable returns.
1 min read · 07 October 2025
Staff of the $60bn Arizona State Retirement System, a long-time private credit investor, are still mostly optimistic about the asset class amid a push to diversify the programme.
3 min read · 07 October 2025
The asset class’s growth, alongside spread compression and heightened competition have it approaching bubble status.
3 min read · 06 October 2025
A peek at our fundraising up to the end of Q3 shows investor appetite on the up. Plus: Apollo launches a trio of evergreens; and 26North makes a senior hire. Here’s today’s brief for our valued subscribers only.
5 min read · 06 October 2025