Performance

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.

Voluntary Fed survey to weigh $1.3trn private credit market

The Dallas and New York Federal Reserve banks are seeking insights into the market, amid concerns about its health.

Fund DPIs down from post GFC heyday

Median fund DPI has declined since the early days of private credit, according to PEI Group data.

Hercules reports record $2.7bn originations in H1

Amid general decline in originations, tech lender’s CEO credits firm’s relationships, discipline and support for its growth borrowers.

Pantheon backs BlackRock BDC’s credit CV

The new vehicle will house over $500m of debt positions held by TCPC, with pricing coming in at 95% of gross fair value as of 31 December 2025.

Blue Owl Capital fundraising lags, for credit and firmwide

The second-quarter equity fundraise for credit of $1.8bn was about one-tenth of last year’s.

Ohio Police & Fire adopts aggressive private credit pacing plan

Pension embraces secondaries, more active portfolio-management approach, as it ramps up to a 5% allocation target

Jonathan Bock resigns as BCRED co-CEO

Blackstone, in an SEC filing, says the recent departures of BDC executives were not due to disagreements; Marshall will be sole BDC CEO.

Apollo caps redemptions from flagship non-listed BDC

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

Blue Owl’s liquidity event: The OTF notes

The top three exposures in the publicly traded technology BDC are software, software apps and healthtech.