North America

Apollo’s capital solutions business drives record fees in Q2

New York-based manager’s origination machine has grown AUM by 25% in one year to $1.05trn.

Blue Owl Capital fundraising lags, for credit and firmwide

The second-quarter equity fundraise for credit of $1.8bn was about one-tenth of last year’s.

Ares posts strong fundraising, deployment in Q2 despite BDC withdrawals

Ares Management raises a record $36.4bn in capital and deploys $36bn

Exclusive: Slate closes $1bn SMA to expand senior lending platform

The New York-based manager is adding competitive lending depth atop its flagship platform and has more capital-raising efforts in the works.

Castlelake to buy $4bn consumer loans originated by Upstart

Two-year forward-flow agreement deepens a relationship between the two that was forged in 2023.

Ohio Police & Fire adopts aggressive private credit pacing plan

Pension embraces secondaries, more active portfolio-management approach, as it ramps up to a 5% allocation target

T Rowe Price, Goldman Sachs unveil private markets interval fund

The multi-strategy fund is the latest offering of the duo’s strategic collaboration announced in September 2025

Jonathan Bock resigns as BCRED co-CEO

Blackstone, in an SEC filing, says the recent departures of BDC executives were not due to disagreements; Marshall will be sole BDC CEO.

GCM Grosvenor closes credit secondaries fund on $1.2bn

The North America-focused fund exceeded its $886m target, with the fundraise expanding its private credit platform.