Economy

Patria prepares next vintage of Latin American credit strategy

Patria’s first Latin American vintage raised $314m, which the company says delivered a nearly 16% IRR.

Apollo-backed New Catalyst inks partnership with emerging manager

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

Arcmont outlines the opportunity for European private credit

Economic growth may not be as rapid as the US, but spreads and credit docs may compensate.

Blue Owl’s Lipschultz seeks to quell fears of ‘red flags’ in software portfolio

As the firm reports record AUM, executives on the earnings call say only 8% of AUM is in software lending, with strong loan-to-value ratios.

Ares posts record AUM, driven by direct lending fundraising

While the firm’s fundamentals were solid, investors cautious about private credit’s future punished Ares’ shares.

CMBS lessons have been learned

The CMBS market made significant changes after the global financial crisis. The impact has meant a more stable market.

Investment-grade credit in focus for Blackstone’s 2025 earnings

Blackstone’s IG Credit AUM is now $130bn, up 30% year-on-year.

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.

BlackRock BDC marks down NAV by 19%

BlackRock TCP Capital Corp was hit by a string of deteriorating credits, including Renovo.