Fundraising

Apollo caps redemptions from flagship non-listed BDC

Apollo Debt Solutions saw gross outflows of $400m for the second quarter of 2026.

Colbeck secures $400m for strategic income fund

The firm said its latest fund will complement its existing strategy with a focus on companies experiencing transformative growth.

AllianzGI in $744m first close of APAC fund

The fund is the third vintage to target mid-market private credit opportunities across the region.

White Oak launches £1.5bn strategy for UK industrial lending

The firm hopes to address a shortage of funding for businesses focused on key areas of manufacturing and industry.

Strong slate of mega-funds pushes Q2 fundraising upwards

An early glimpse of Q2 fundraising shows that a number of large funds are set to contribute to another strong quarter.

Stable outlooks for ‘vast majority’ of rated BDCs: KBRA

But cap raises at the top five perpetual life BDCs declined 50% year-on-year and profitability is pressured.

Loan Note: Connection private clients target higher return profile; credit secondaries has $80bn target

Higher interest rate environment sees private wealth target capital solutions. Plus: credit secondaries momentum set to continue; and questions around stickiness of retail capital. Here’s today’s brief for our valued subscribers only.

BCRED caps repurchase requests: feature or bug?

Blackstone, facing 10% redemption requests, adds to the recent spate of redemption limits from BDCs as outflows rise.

HSBC raises $2bn for UK direct lending second vintage

The strategy involves investing in private equity-backed deals originated by HSBC’s UK banking arm.

Crescent Capital closes fund with $10.8bn of investable capital

The fourth vintage lower mid-market fund, the manager’s largest ever, raised more than $5.5bn of equity.