Investors

KKR closes Asia credit fund with $2.5bn

The fund will follow its predecessor in backing performing credit opportunities driven by the region’s rapidly developing economy.

Senior debt fundraising falls from its peak

Our data for private credit capital raising by strategy shows investors once again diversifying their commitments rather than concentrating them.

Los Angeles pension sets $550m private credit target for 2026

LACERS has set in motion a plan to grow allocation to the asset class from 1.9% to 5.75%.

Benefit Street Partners holds $3bn final close for flagship real estate debt strategy

The firm reached its hard-cap for BSP Real Estate Opportunistic Debt Fund II with 29 months of time logged fundraising on the road.

Asian insurer AIA hires new investment consulting head

The appointee joins from rival firm FWD following the previous incumbent Phil Joubert’s move from AIA to Oaktree Capital Management last year.

Public BDC performance may prompt pivot to interval funds

Alternative managers have an expanded arsenal compared with the last time public markets soured on BDCs.

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.

ABL: The acronym that describes different approaches to a trillion-dollar industry

Asset-based lending and asset-backed lending can be easily confused but represent contrasting lending activities. Richard Gumbrecht of Secured Finance Network explains the differences.

Rise of the robots: AI in private credit

Credit managers have been experimenting with AI in 2025, with many expecting it will become an integral part of the private credit landscape in the near future.