Tariffs

The illiquidity crisis: Democratised and distressed

Matthias Kirchgaessner examines retail redemption stress, institutional contagion channels and the broader repercussions for the private credit market.

Navigating a market in flux

With interest rates and trade wars topping LPs’ list of concerns for 2026, managers will need to maintain clear communication channels to assuage investor anxieties, finds our LP Perspectives 2026 Study.

Rithm Capital: Keeping private debt functions under one roof

Despite a proliferation in asset-backed finance partnerships in recent months, possessing in-house origination and servicing capabilities is critical to delivering predictable returns, says Rithm Capital’s chief executive officer Michael Nierenberg.

Royalties offer a path to geopolitical resilience

The growing asset class is relatively well insulated from trade wars and geopolitics.

Canyon’s latest CLO closings: CLO AUM reaches $11.4bn

Four CLO closings in 2025: six refis or resets as Dallas company seeks to scale.

Resolution Life’s Dangarwala: Focus is on understanding today’s risk

Ahead of his participation in this year’s PDI Network New York Forum, Nirav Dangarwala of Resolution Life shares his views of the private debt market.

US investors seek out new fundraising shores

Legislative uncertainty prompts LPs to look beyond US-focused direct lending funds, even as the market retains its dominance in private credit fundraising tables.

How are the Trump administration’s policy changes impacting private credit?

The ‘America First’ approach brings new priorities for lenders, with uncertainty a constant presence.

Three key trends in US private debt: A market in flux

US lenders and investors attempt to keep pace with a rapidly evolving inflationary and political environment.