Direct lending

Pinegrove, SVB alliance rejoins entities with ‘shared history’

Partners look to extend $2.5bn in venture debt to tech world for years to come.

Blackstone multi-asset credit fund receives SEC approval

Blackstone Private Multi-Asset Credit and Income Fund plans to give investors exposure across its entire platform.

Ares alumni Graves launches public, private credit asset manager

Lane42 will receive $2bn in seed capital from hedge fund Millennium Management.

How covid cemented the dominance of Europe’s big direct lenders

The pandemic was the biggest shock to the system for some time – one that managers with scale were better placed to withstand.

26North seeks to stand out from the crowd

Apollo co-founder Josh Harris started his firm aiming for a ‘high hit ratio’ in the mid-market.

SSGA and Apollo’s public and private credit ETF finds regulatory scrutiny

As observers had anticipated, illiquid credit assets comprise no more than 15% of the fund’s assets.

Antares launches flagship BDC

Antares Private Credit Fund caters to institutions, with an eye on private wealth

Morgan Stanley holds $3.2bn close on perpetual BDC

North Haven Private Income Fund, a specialty finance vehicle, has nearly 19,000 total investors.

Credit helps offset PE slump for Carlyle in 2024

CFO John Redett says Carlyle expects growth in credit and secondaries, but a decline in private equity.