Mid-Market

Cliffwater on why diversification pays off

Diversification is paramount as investors look to private credit to provide safe yield, says Cliffwater’s Blake Nesbitt.

Eldridge closes on lease facility with ProPetro Energy

ProPetro, doing business as PROPWR, targets 750MW to be delivered by 2028.

26North founder Josh Harris sees mid-market as private credit sweet spot

The manager tells PEI Group’s NEXUS confab that despite the late stage in the credit cycle, the firm is finding value where there is a shortage of capital.

P10 to acquire Stellus Capital for $250m consideration

Initial $250m consideration is composed of $125m in cash and $125m in units of P10.

LBP AM European Private Markets on the view from the mid-market

Facing an uncertain outlook, Christophe Murciani, head of real estate debt at LBP AM European Private Markets, explains why he and his team are adopting a granular approach to real estate debt opportunities in the mid-market.

Locus Point Capital on the senior living opportunity

Eighty years after the start of the baby boom, a surge of demand for senior living is creating a significant need for capital deployment, say Locust Point Capital’s Eric Smith and Daniel Contardi.

Gapstow: Credit interval fund AUM jumped 37% in 2025

Report says 22 new alternative credit interval funds made a new record for launches, bringing total AUM to $83bn.

Apollo’s Midcap gets ratings upgrade after $3.1bn debt issuance

The manager’s primary direct-origination platform’s senior unsecured notes and credit facility are now rated investment grade.

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.

Audax raises $2.66bn for third direct lending fund

The third vintage is more than halfway to its $5bn target fundraise, filings show.