Performance

Why BDC troubles might be hard to shake off

The business development company market in the US is already coming under pressure – and a high exposure to the software sector may make things worse.

Brighter Super open to new GP relationships following mergers

The A$35bn Australian superfund’s head of credit, Jason Huang, says private credit is ‘definitely not defensive’ but has an important role in its portfolio.

Oaktree’s Marks encourages Oregon to consider private credit opportunities

The co-chair of Oaktree has suggested the $100bn system should chase private credit sub-strategies.

Houlihan Lokey: Borrowers hold the cards in private credit

The proliferation of covenant-light loans is driving competition among lenders, a recent report says. A Houlihan Lokey executive breaks down the consequences.

Blackstone credit and insurance unit brings in half of Q2 inflows

President Jon Gray sees the dealmaking pause in the rearview mirror, and expresses optimism for a return of M&A.

Japanese, Korean LPs ramp up GP scrutiny amid macro concerns

LPs from the region are looking more closely at workout capabilities, deal sourcing and back-office staffing when assessing new and existing managers.

Is private debt a good bet? Investors weigh the odds

Pensions taking stock of recent private credit investments view allocation upticks as an obvious course of action, despite having questions about the impact of defaults and credit quality.

RBC BlueBay Asset Management: Opportunities in emerging markets debt in 2025

With the uncertain macro backdrop looking set to continue through 2025, Polina Kurdyavko at RBC BlueBay Asset Management looks at two emerging markets debt approaches that remain particularly compelling.

Simpson Thacher & Bartlett: How lenders can prepare for an M&A uptick

Growing convergence between European and US credit markets, alongside improving macroeconomic conditions, could bring a dealmaking boom, say Simpson Thacher & Bartlett’s David Teh, Hadrien Servais and Jacob Durkin.