North America

Carlyle announces leadership changes

Mark Jenkins, Carlyle’s head of global credit, will become co-president of the firm alongside John Redett and Jeff Nedelman.

Blackstone credit and insurance unit brings in half of Q2 inflows

President Jon Gray sees the dealmaking pause in the rearview mirror, and expresses optimism for a return of M&A.

Two Wall Street bankers join 26North’s insurance, IG group

The hiring of Marr from JPMorgan and Suresh from Deutsche Bank comes amid growing insurance appetite for private credit.

KBRA: Private credit a source of systemic strength

Direct lending takes pressure off banks, KBRA argues, aiding the financial system.

Determining private credit’s systemic risk

While regulators are worried about systemic risk from private credit, KBRA research suggests risk is contained.

Blue Owl, Voya partner to provide private investments to DC plans

The partnership mirrors a recent announcement from another retirement services provider that touched off regulatory scrutiny.

Brookfield-backed Pinegrove launches $800m venture debt fund

Pinegrove Capital Partners was formed via a partnership with Sequoia Heritage in 2023.

New York State CRF invests $200m in music royalties fund

Pension expands its entertainment royalty portfolio with investment in a Primary Wave music fund.

Coller raises $6.8bn for credit secondaries

The firm raised the capital through its fund, SMAs, co-investments and its evergreen offering.