Direct lending

Partners Group on how liquidity is driving innovation in private credit

Increasing flexibility surrounding liquidity options is leading to a host of new opportunities for private credit investors, say Partners Group’s Andrew Bellis and Lori Pomerantz.

AlbaCore appoints Gillam to lead senior direct lending fund

Gillam joins the firm from Goldman Sachs and will be responsible for growing its capabilities in senior direct lending.

KKR, Capital Group file for joint public-private credit funds

The funds build off the two firms’ partnership, which was announced in May.

Goldman Sachs: LPs are significantly underweight to private debt

Survey shows a mixed bag in investor attitudes toward the asset class, though many intend to increase allocations

Private credit still runner-up to PE, LPs say

LPs want more centralised data, are bullish on dealmaking in 2025, but unsatisfied with returns.

Credit now Blackstone’s largest business

Credit’s $21.4bn in inflows accounted for over half of its total fundraising during the third quarter.

Debt’s evolution has fuelled growth, but may invite regulatory scrutiny – Moody’s

Tapping individual investors provides new sources of fundraising but also regulatory scrutiny, Moody’s warned in a report.

Moody’s: Default rates for private equity-backed companies on the rise

Dividend recapitalisations also trend up, but only among higher-rated borrowers.