Direct lending

US regulators aim sights on private debt risk as insurance interest grows

Talks between domestic and international regulators will begin in April and continue throughout the summer.

Tikehau and Amova launch Asia private markets joint venture

The new venture will focus on decarbonisation strategies in private equity and private credit.

Moody’s: bank NDFI exposure grows to $1.4trn at year-end 2025

Loans to non-depository financial institutions were some of the fastest expanding areas of lending for large US banks.

Credit managers seek to navigate the ‘SaaS-pocalypse’

Many direct lenders are considered overexposed to software, but opinions differ as to how harmful AI disruption in the sector may ultimately be.

Ares, Antares close $1.7bn continuation vehicle

CV will comprise over 300 first-lien loans originated and managed by Antares.

Which strategies do LPs most demand in 2026?

We take an in-depth look at LP demand for private credit strategies, with several rising in popularity while others go out of favour.

SMBC Private Markets hires Stride to lead EMEA market push

SMBC has appointed Louis Stride to lead its EMEA private markets capital formation business amid a wider strategic plan.

BlackRock’s HPS raises $6.6bn for junior capital fund

The fund is targeting $10 billion of investor capital, and focuses on customised junior debt financing

Moody’s: Structured finance becoming critical to origination of IG private credit

Alternative managers that sponsor structured finance JVs are using their minority stakes to bring investment grade debt to investors.

Eagle Point holds $559m final close on third ‘defensive income fund’

Eagle Point’s latest closed fund invests in the debt securities issued by BDCs, credit funds and mortgage REITs.