Direct lending

T Rowe Price, Goldman Sachs unveil private markets interval fund

The multi-strategy fund is the latest offering of the duo’s strategic collaboration announced in September 2025

Jonathan Bock resigns as BCRED co-CEO

Blackstone, in an SEC filing, says the recent departures of BDC executives were not due to disagreements; Marshall will be sole BDC CEO.

Private credit’s asset-backed pivot

Scrutiny over software, BDC liquidity diverting managers’ attention back to what could be a $20trn market.

Blackstone credit inflows slow in Q2

But growth in insurance inflows helped boost total credit inflows to $33bn, nearly 50% of the firm’s total.

Wellington to manage semi-liquid funds holding Blackstone, Vanguard investments

Geared to private wealth clients, the end funds will combine public and private assets and have limited distribution at first.

AllianceBernstein installs APAC head of insurance solutions

The US asset manager has hired David Luo from insurer AIA for what is understood to be a newly created role.

Oaktree adds quartet for new Asia private credit strategy

The private debt specialist GP has hired investment professionals from Singapore state fund GIC and rival managers Ares, Goldman Sachs and Partners Group.

Sagard reaches half its $2bn target in first close on third vintage

The firm is using Credit Partners III, a senior secured, direct lending fund, to focus on non-sponsored borrowers.