BDC

Hercules reports record $2.7bn originations in H1

Amid general decline in originations, tech lender’s CEO credits firm’s relationships, discipline and support for its growth borrowers.

Pantheon backs BlackRock BDC’s credit CV

The new vehicle will house over $500m of debt positions held by TCPC, with pricing coming in at 95% of gross fair value as of 31 December 2025.

Blue Owl Capital fundraising lags, for credit and firmwide

The second-quarter equity fundraise for credit of $1.8bn was about one-tenth of last year’s.

Ares posts strong fundraising, deployment in Q2 despite BDC withdrawals

Ares Management raises a record $36.4bn in capital and deploys $36bn

What the Investing in All of America Act means for private credit

The legislation could provide new impetus for credit managers to back the most important sectors and regions for the US economy, writes Damien Dwin.

BDC redemption requests in Q2: more of the same, if not worse

The trend among retail investors that started in Q1 accelerates, on average, and involves many of the same large fund managers.

A brief history of (investment) time

Timescales matter to investors, often in very different ways, and GPs need to think about how they can cater to those with different outlooks on the future.

Market conditions: Goldman challenges negative sentiment

Despite a wave of negative coverage, Goldman Sachs Alternatives argues private credit fundamentals remain strong, with attractive spreads and growing opportunity sets.

Are BDC intermediary relationships changing?

While some managers suggest their relationship with intermediaries is the same, investor capital continues to leave non-listed BDCs.

The big divide: How Europe and America’s private credit markets are parting ways

As North American private credit reels from scathing headlines, Europe appears relatively insulated. Have the asset class’s two most important regions gone their separate ways?