Research & Data

Fitch: US private credit default rate hit 5.7% in February

Healthcare has been a problematic sector, with a default rate of 7.5%.

Goldman Sachs: The great pivot for insurance investors

Executives at insurance companies with $14trn of assets prefer private debt, particularly investment grade credit, a new report found, and they see public debt as range bound.

Marathon holds final close on $2.7bn fund

The distressed credit fund has outraised its target and its prior vintage.

NYC Comptroller’s office commits $350m to Hayfin strategy

Four of the five NYC pensions allocated to Hayfin Tactical Solutions Fund, sources say

LA pension mulls a five-year private credit pacing plan

Adviser RVK recommended raising its private credit allocation to target 5%, or $300m-$400m, per year through 2029.

PSERS considers $150m commitment to I Squared infra credit fund

The Pennsylvania pension fund is running ahead of its 7% target allocation to private credit.

Pinegrove, SVB alliance rejoins entities with ‘shared history’

Partners look to extend $2.5bn in venture debt to tech world for years to come.

Blue Owl files for first private credit interval fund

Blue Owl’s filing follows several other high-profile multi-asset credit interval fund filings.

Blackstone multi-asset credit fund receives SEC approval

Blackstone Private Multi-Asset Credit and Income Fund plans to give investors exposure across its entire platform.

Fidelis Investors enters the RTL deal pipeline

Launched with Morningstar’s blessing, the firm’s February securitisation has 435 underlying loans.