Research & Data

Credit now Blackstone’s largest business

Credit’s $21.4bn in inflows accounted for over half of its total fundraising during the third quarter.

Debt’s evolution has fuelled growth, but may invite regulatory scrutiny – Moody’s

Tapping individual investors provides new sources of fundraising but also regulatory scrutiny, Moody’s warned in a report.

Moody’s: Default rates for private equity-backed companies on the rise

Dividend recapitalisations also trend up, but only among higher-rated borrowers.

Behind NMSIC’s private debt pacing plan

New Mexico’s sovereign wealth fund wants to put more than $1bn toward private debt per year.

Cliffwater: Private debt yields 7.87%, short of its expectations

Institutions may be sacrificing some yield for the sake of diversifying, says CEO Stephen Nesbitt.

GI 75: Who are private debt’s top 75 LPs?

Our annual Global Investor 75 ranking shows which investors are committing the most to the private debt asset class.

GI 75 2024: Methodology

How we compiled the 2024 GI 75 ranking.

Survey: Private credit secondaries’ surge has not yet come

Campbell Lutyens also finds concerns among investors that private credit is growing too quickly.

Moody’s: Apollo, State Street ETF proposal raises questions of liquidity mismatch

If the SEC approves it, the success of this novel ETF could influence the creation of others like it

Indiana Public Retirement System raises its private debt allocation

The pension fund has increased its debt allocation to 5.4 percent, which has netted a 7.8 percent return year-to-date.