Direct lending

Texas PSF eyes higher level of allocations to nascent private credit portfolio

Following a deployment of $4.1bn to private credit that started in 2024, the $57bn Texas system’s staff is pleased with returns and stability of high-conviction managers in asset class

Crestline closes $3.5bn direct lending fund

Borrowers include both sponsor and non-sponsor backed companies across North America.

Moody’s: Private credit’s retail push comes with risks

Liquidity considerations are top of mind as private markets funds reach retirement accounts.

APG enters infra debt, eyes move into US impact credit

The Dutch pension manager is also looking for more special situations funds and weighing its approach to US investments, says its head of alternative credit.

PDI Europe Summit: Direct lending under scrutiny

Spread compression and lack of dealflow are among the concerns, but there is hope of an improving picture as the year progresses.

Monroe Capital, Sumitomo and MA Asset Management go ‘old school and bottom up’ in JV

The joint venture will invest up to $1.7bn in US mid-market borrowers, and leverage their distinct strengths.

Demand for credit solutions drives Carlyle inflows

Schwartz identified lending opportunities in Europe and insurance growth in Asia during the Q1 earnings call.

Ares AUM swells to $546bn with growth of credit, PE

The asset manager saw record capital commitments of $20.2bn on top of strong deployment.

Apollo posts solid origination with record inflows in Q1

The firm’s AUM grew 17% to $785bn, with its multi-asset credit platform reaching $8.5bn.