North America

Last call: Cast your votes for PDI’s Rising Stars 2026 list!

The 2026 list will feature individuals under the age of 40 whom we believe have the ability and potential to shape the asset class in the years ahead.

BCRED caps repurchase requests: feature or bug?

Blackstone, facing 10% redemption requests, adds to the recent spate of redemption limits from BDCs as outflows rise.

Crescent Capital closes fund with $10.8bn of investable capital

The fourth vintage lower mid-market fund, the manager’s largest ever, raised more than $5.5bn of equity.

ACC, Configure: Stress appears contained, but lenders are taking no chances

Although AI disruption and other threats remain increasingly relevant, Houlihan Lokey data shows resilient portfolio dynamics.

MetLife IM shuffles insurance solutions heads after merger

The US asset manager has shaken up its insurance team leadership after acquiring rival PineBridge, with its international solutions head departing.

Moodys shifts outlook of Blackstone, Golub public BDCs to negative

Both BDCs will retain their investment-grade ratings despite the pessimistic near-term outlook.

NXT Capital: LPs must avoid the hype and focus on the key issues in private debt

Media hysteria around redemption runs and AI may be overblown, but they shine a spotlight on important topics LPs should consider when investing in private debt, says Ted Denniston, co-head and senior managing director of NXT Capital.

Metropolitan Partners Group on how to unlock value in the lower mid-market

Finding new ways for US lower mid-market borrowers to ‘get to yes’ is creating opportunities for flexible managers that can put capital to work quickly, says Metropolitan Partners Group’s Daniel Leger.

LBP AM European Private Markets on tapping into Europe’s unique growth drivers

The European mid-market remains in good health, benefiting from market dynamics that set it apart from the US, says Peter Arnold, head of European private markets at LBP AM European Private Markets.