North America

The virtuous circle: energy and digital infrastructure

Houlihan Lokey’s paper offers the theory as Nvidia strikes deals with investment managers that illustrate the practice of AI infra buildout to the tune of $500bn.

US investors sharpen monitoring of private credit managers

During a PEI Group webinar, private debt LPs outline how they are responding to market volatility and growing dispersion of manager performance, with some increasingly wary of the sponsored direct lending space.

Churchill launches capital solutions strategy: Noah Charney to lead

Manager anticipates an exclusively PE-sponsored, mid-market portfolio of high-quality companies that need some extra support.

Voluntary Fed survey to weigh $1.3trn private credit market

The Dallas and New York Federal Reserve banks are seeking insights into the market, amid concerns about its health.

SEC zeroes in on private funds valuations

Examiners ask about funds by name in opening requests. Enforcement has picked up the scent, too, Private Funds CFO has learned.

New Jersey CIO stresses credit underwriting amid retail inflows

The $85bn pension system is scrutinising collateral quality and documentation in private credit funds as it evaluates re-ups and new manager relationships

Hercules reports record $2.7bn originations in H1

Amid general decline in originations, tech lender’s CEO credits firm’s relationships, discipline and support for its growth borrowers.

Hamilton Lane: ‘Evergreen hesitancy only temporary’

Some investors have been ‘housing capital’ in evergreens before redeeming to fund a Hamilton Lane SMA, co-chief Erik Hirsch said on a Tuesday earnings call.

Pantheon backs BlackRock BDC’s credit CV

The new vehicle will house over $500m of debt positions held by TCPC, with pricing coming in at 95% of gross fair value as of 31 December 2025.

Carlyle realisations drives strong earnings quarter

The firm’s US buyout strategy distributed capital at more than double the industry rate, chief executive Harvey Schwartz noted on the firm’s latest results call.