Opinion
The Forces Propelling Direct Lending: As It Scales, Complexity Follows
What CIOs should be watching as private lending moves into the mainstream of corporate financing and institutional portfolios.
Tag: Private Credit
Corporate Moves
Alts Manager Rithm Capital to Acquire Private Credit Shop, Annuity Provider
The firm’s purchase of Crestline Management would create a $53 billion AUM alternative investment platform.
Alternatives
Risk Factors Are Rising in Private Credit, Performance Harder to Predict
Private markets are more sensitive to interest rates, inflation and tariffs, while there are questions about how private credit will hold up in a significant correction.
Market Moves
Secondaries, and Market Complexity, on the Rise
Limited partner-led private equity secondaries are driving the market to record highs, a trend likely to continue and to expand to private credit.
Corporate Moves
Nuveen Raises $1.3B For Energy Infrastructure Credit Fund
EPIC II received anchor commitments from a Canadian pension and TIAA.
Corporate Moves
Manulife to Acquire 75% of Private Credit Shop for $937.5M
Comvest Credit Partners manages $14.7 billion in assets and would be merged with Manulife’s existing credit platform.
Corporate Moves
Man Group to Bolster Private Credit With Acquisition of Bardin Hill
The London-based asset firm announced it entered into an agreement to acquire the $3 billion manager.
Asset Allocation
LP Interest Rises in Secondaries, Private Credit
Private equity and other alternative investments take a back seat, according to Coller Capital’s latest global private capital barometer.
Corporate Moves
Franklin Templeton to Acquire Private Credit Manager Apera
The $5.7 billion firm will focus on direct lending in the European lower-middle market.
Risk
Moody’s, MSCI to Launch Private Credit Risk Modelling Tool
The two firms will partner on solutions to provide risk assessments for the asset class.
Newsmakers
Nomura Capital Management Hires Ashu Pal to Run Portfolio
To support the new head of portfolio management, the firm plans to hire a vice president of asset-based opportunistic private credit and a private credit investment specialist.
How Has Private Credit Affected Valuations Across Debt Markets?
Investors can access a more diversified menu of credit investments, but due diligence is key—especially in thinly traded markets.
Research
Insurers Further Embrace Private Assets, Especially Private Credit
Approximately 62% of insurers plan to increase their private markets allocations, according to a survey of insurance CIOs conducted by Goldman Sachs.
Alternatives
Investors Move More Into Alts Following Stock Surge
Illiquid asset classes are among those viewed as stable amid growing uncertainty about the U.S. economy and global public markets.
Alternatives
Is the Shine Coming Off of Private Credit’s ‘Golden Age’?
Private credit funds are sitting on piles of money, but the slowdown in M&A is having an impact.