North America

Non-listed BDC fundraising momentum slowing, redemption requests rising: Stanger

NAVs are also rising and redemption requests remain manageable, but challenging times may lie ahead.

BlackRock limits redemptions in non-listed BDC

Redemption requests in HPS Corporate Lending Fund exceeded the usual limit by more than 4 percentage points.

LA Fire & Police content to continue measured deployment pace into private credit

A California pension with about $37bn is shy of a 3% target for private credit, with a 1% actual allocation.

BDC redemptions – déjà vu all over again

We’ve seen this movie before, but that was before private credit became a household term.

Investors pull $3.7bn from Blackstone evergreen

BCRED lifted its 5% redemption limit to 7% of assets.

NEXUS 2026 panel: Direct lending is a crowded trade

Competition for deals has risen to fever pitch and sourcing is a key differentiator, delegates heard.

BNP Paribas: ‘Alternative” evergreen structures attract institutional investors

Run-off evergreens and rolling vintage umbrella funds are giving LPs more flexibility than traditional closed-end drawdown funds.

Park Square Capital: Credit is no longer about exposure – it’s about selection

As private debt becomes more competitive, Park Square Capital’s Robin Doumar explains why investors need to stay selective.

PDI Awards 2025: Americas winners

Apollo Global Management is crowned Lender of the Year, while Monroe Capital and Oak Hill Advisors triumph in other categories.

PDI Awards 2025: Global winners

A previous winner retakes the Global Fund Manager of the Year award.