North America

Canyon’s latest CLO closings: CLO AUM reaches $11.4bn

Four CLO closings in 2025: six refis or resets as Dallas company seeks to scale.

Carlyle beefs up senior direct lending

Memo outlines new positions to enhance the focus on private credit after a raft of promotions announced in July.

KKR expects M&A revival to speed up credit market development

The relationship is coming into even closer focus now, given innovative financing structures, says influential newsletter.

Five insights from the PDI Network New York Forum

Still popular and going strong, but various forces are building that could test private credit’s famed resilience.

Mid-market loan recoveries, large corporates, converge

Average mid-market loan and revolver recoveries are down to 66% on a trailing five-year basis.

Tricolor failure could prompt scrutiny of ABF

The collapse of the US auto lender was a talking point at this week’s PDI Network New York Forum.

Texas ERS proposes $400m of private debt commitments in 2026

Texas’s director of private credit highlights concerns over undisclosed issues in GPs’ portfolios.

Callodine, Bain, Lincoln Financial latest entrants in interval fund rush

Both products are continuously offered, closed-end interval funds that seek to provide individuals with an array of strategies.

Mid-market lenders step up as maturity wall looms

A rise in ventures targeting programs of less than $100m a loan should be viewed as a barometer for broader commercial real estate financing markets.

CalSTRS’ Lisonbee: Opportunity amid intense competition

Ahead of his participation in this year’s PDI Network New York Forum, Matt Lisonbee of The California State Teachers’ Retirement System shares his views of the private debt market.