Direct lending

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

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

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

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

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

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

A California pension with about $37bn is shy of a 3% target for private credit, with a 1% actual allocation.

PDI spoke with KKR’s Michael Small and Mark Danzey about the firm’s approach to financing.

BCRED lifted its 5% redemption limit to 7% of assets.