North America

Blue Owl returns 35% of BDC’s NAV to investors

Co-chief executives Marc Lipschultz and Doug Ostrover are no longer using company shares as collateral for personal loans.

Moody’s: Mid-market credit quality erosion is hidden in plain sight

Rising leverage, declining liquidity and a weakening of free cashflows is putting pressure on mid-market issuers.

BCI: ‘Don’t buy the beta’

LPs should prioritise credit selection rather than splitting their portfolios across ’20 or 30’ GPs, says Daniel Garant, global head of capital markets and credit investments.

Comvest Partners raises $2.63bn for flagship credit strategy

The closing of Comvest Credit Partners VII exceeded its target fundraise of $2.5bn

DOWNLOAD: Q1 2026 one of the most prolific fundraising quarters on record

A record first quarter speaks to continued institutional investor enthusiasm for private debt despite concerns on the retail side.

Addressing trustee anxiety about headlines, Chicago’s consultant stresses credit’s insulation from issues

Consultant for $14bn pension plan, Callan, provided an overview of private credit’s potential tailwinds that ran the gamut – from retail investors to defaults and AI disruption.

Adams Street Partners holds $7.5bn final close

Adams Street’s third private credit platform focuses on senior financing to sponsored mid-market US and European businesses.

Manulife to deploy more than $2bn in private credit

Insurer has committed $400m to five private credit managers this year, according to global head of corporate finance John C S Anderson.

Carlyle interval fund limits outflows after 15.7% of assets requested for redemption

The firm said that redemptions were not motivated by fundamentals, but by a broader trend of investors seeking liquidity from funds elsewhere.

Barings BDC joins peers in gating redemptions after 11.3% is requested

The manager says redemption gates allow the non-listed fund to ‘preserve portfolio integrity and continue deploying capital’.