Investors

US investors sharpen monitoring of private credit managers

During a PEI Group webinar, private debt LPs outline how they are responding to market volatility and growing dispersion of manager performance, with some increasingly wary of the sponsored direct lending space.

New Jersey CIO stresses credit underwriting amid retail inflows

The $85bn pension system is scrutinising collateral quality and documentation in private credit funds as it evaluates re-ups and new manager relationships

Hamilton Lane: ‘Evergreen hesitancy only temporary’

Some investors have been ‘housing capital’ in evergreens before redeeming to fund a Hamilton Lane SMA, co-chief Erik Hirsch said on a Tuesday earnings call.

The dangers of being dogmatic about PIK

While some consider payment-in-kind’s origin to be a determinant of eventual outcomes, there are pitfalls in the prevailing logic.

Bridgepoint €5bn fundraise finds strong appetite for Europe

With interest growing in Asia-Pacific and the Middle East, the firm was able to close its latest direct lending fund well ahead of target.

Ares posts strong fundraising, deployment in Q2 despite BDC withdrawals

Ares Management raises a record $36.4bn in capital and deploys $36bn

Exclusive: Slate closes $1bn SMA to expand senior lending platform

The New York-based manager is adding competitive lending depth atop its flagship platform and has more capital-raising efforts in the works.

The big numbers that hide investor caution

Are LPs necessarily as enthusiastic about committing capital as the fundraising data suggests?

DOWNLOAD: Credit demand remains high among LPs

Check out the PDI H1 2026 Investor Report.

Loan Note: Investors motivated to keep committing; Mercer makes senior hire

Two-thirds of investors are short of their allocation targets, our Investor Report finds. Plus: our invite to a gathering of LPs offering their insights into market developments. Here’s today’s brief for our valued subscribers only.