Jul 2, 2026 | Markets, Private Credit
Ahead of reporting their second-quarter results, private credit managers acknowledged a sobering reality: The redemption wave engulfing the $1.8 trillion market was unlikely to abate swiftly. Now, as the last half of 2026 gets underway, direct lenders are realizing...
Jul 1, 2026 | Markets, Private Credit
The head of BlackRock Inc.’s beleaguered private credit fund is in the process of leaving the firm, a move that follows months of losses on soured loans and revelations of a US regulatory probe into the unit’s valuation practices. Phil Tseng, chief executive officer...
Jul 1, 2026 | Markets, Private Credit
Private credit investors have become increasingly discerning about dispersion in investment marks, creating a “confidence gap” between asset managers, according to Pacific Investment Management Co. Managers with stronger loan quality are being rewarded as net asset...
Jun 29, 2026 | Markets, Private Credit
A Morgan Stanley private credit fund sold investment-grade bonds to refinance debt, its first offering in just over a year. Morgan Stanley Direct Lending Fund raised $350 million from a five-year note, matching its target size, according to a person with direct...
Jun 28, 2026 | Markets, Private Credit
The world’s biggest public investors plan to shift more capital into private and less liquid assets amid rising risks to their traditional bond-and-stock portfolios, according to an industry survey. Roughly a third of sovereign wealth funds polled by Invesco Ltd. plan...
Jun 28, 2026 | Markets, Private Credit
Billions are flowing from firms like Blue Owl and KKR into Buy Now, Pay Later companies. It’s an untested model and skeptics are worried about what happens in a downturn. The private credit industry was dubbed “shadow banking” as it took business away from...
