Direct lending

Oaktree: Loan managers needn’t fear extending maturities

Media warnings of a pending ‘wild west’ of defaults are overdone, portfolio managers say.

US Supreme Court: Defendants have right to jury trial for securities fraud allegations

Case involving hedge funds lending to start-ups represents a blow to the SEC.

Orix USA realigns private credit, brings on BlackRock’s Singhal

Manager splits the asset class into two verticals, with Singhal heading direct lending and Shtaingos leading securitised credit.

HPS closes fund with $21.1bn of investable capital

The fundraise, one of private credit’s largest, has exceeded its target, and includes $14.3bn in commingled and other equity commitments.

Arcmont gets green light for private credit LTAF

The firm has received regulatory approval to offer direct lending to defined contribution pension clients.

MidOcean Partners raises $765m for opportunistic credit fund

Fund targets off-the-run, mid-sized direct lending, stressed and distressed investments in third vintage.

Slinkys, private debt and the bottom step

Will the private debt market achieve a soft landing or end up in a crumpled mess? Adil Kurt-Elli ponders the possibilities.

StepStone Private Credit Income Fund launches

Quarterly redemptions on the interval fund are limited to 5% of NAV, with minimum investments of $25,000.