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...
Jun 25, 2026 | Markets, Private Credit
On paper, it seems like a no-brainer trade: Cash out of one private credit fund at 100% of net asset value and plow the money back into a similar vehicle that’s trading at a substantially discounted price. Like many things in the $1.8 trillion direct lending market,...
Jun 25, 2026 | Markets, Private Credit
Ares Management Corp. curbed withdrawals from one of its private credit funds for the second consecutive quarter after redemption requests rose to 14.4%, the latest sign that the $1.8 trillion industry remains under pressure. The $22.6 billion Ares Strategic Income...
