Subordinated debt

SFERs’ strategy weightings, geographical exposure led to private credit misses

Even as the $40bn system deals with short-term underperformance, its pacing into the asset class is expected to increase in the coming years.

The two “D’s” – a new era of dislocation and dispersion

This week’s publication of our latest fund performance data was a reminder that strong returns can be made in troubled times.

Private credit’s DPI dilemma

DPI may primarily be seen as a private equity problem, but an expectation of timely returns means private credit is being held to an even higher standard.

Blackstone closes flagship credit opps fund at hard-cap

The strategy’s fifth vintage, its largest, raises more than $10bn of investable capital.

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.

New York Life and Candriam acquire majority stake in Kartesia

The deal sees the existing minority shareholder take 80% of the European private credit business.

Apollo-backed New Catalyst inks partnership with emerging manager

The growth partnership is meant to grow Ferghana Investment Partners’ hybrid capital platform.

New report: Private markets performance data

PEI Group’s quarterly fund performance reports analyse the state of private markets through the lens of our proprietary data to bring you market insights enriched by our reporting and editorial expertise.

DOWNLOAD: Fundraising hits new high in 2025

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