Speciality finance

Apollo beats target on a hybrid fund with $6.5bn close

The strategy that sits between debt and equity is seeing increasing demand from investors.

New opportunities arise in private credit amid redemption wave: Milken panel

Retail investor redemptions are not being viewed as a troubling sign for private credit GPs, panellists say, echoing US SEC chair’s sentiment that asset class is not facing systemic issues.

Primary Wave holds $2.2bn final close on music royalties fund

Primary Wave’s fourth and largest such fund exceeded its original $1.5bn target fundraise and hard cap.

Specialisation and investing in Europe are key trends for the rest of 2026

The coming months are expected to build on the fundraising momentum of 2025, as investors take a bullish stance on pursuing alternatives to direct lending and the US, says Jess Larsen of Briarcliffe Credit Partners.

Which strategies do LPs most demand in 2026?

We take an in-depth look at LP demand for private credit strategies, with several rising in popularity while others go out of favour.

LA Fire & Police content to continue measured deployment pace into private credit

A California pension with about $37bn is shy of a 3% target for private credit, with a 1% actual allocation.

Risk transfer use trebles since 2020 – report

The significant risk transfer market has been growing in popularity as banks seek to free up more capital for lending.

Exclusive: InterVest closes third fund at $1bn hard-cap

The real estate credit fund beat its $700m target and is more than 30% invested.

DOWNLOAD: Fundraising hits new high in 2025

Fundraising hit a new record in 2025, but only just!

Growing return potential in biopharmaceutical royalties, says Sagard exec

‘Even in an inflationary environment, we’re able to benefit from a returns perspective as a result of those prices increasing higher than we may have anticipated,’ Sagard’s Raja Manchanda said.