BCI anchors Arini’s debut private credit fund with USD 200m
In addition to backing the new European direct lending fund, the institutional investor giant plans to deploy more than USD 400m in related co-investments

Ares launches direct lending fund for European wealth investors
The firm’s first ELTIF product will give individual investors access to its existing European direct lending strategy

As direct lenders seek efficient, scalable financing tools, private credit CLOs are growing fast
PCLOs have reached USD 135bn, or 13% of the overall CLO market

Crestline raises USD 3.5bn for sponsor and nonsponsor-backed direct lending
The firm held a final close for its Crestline Direct Lending Fund IV

Pemberton raises EUR 6.1bn for senior direct lending funds
The asset manager held a final close for Mid-Market Debt Fund IV and Senior Loan Fund II

Private credit funds, partner banks present risks as global growth slows—IMF
Private credit funds and their partner banks can face losses as a slowing economy will challenge borrowers’ ability to repay loans

M&G expands direct lending origination team with new hire in the Netherlands
M&G Investments is expanding its direct lending team with the appointment of Gijs Boumans in a newly created role, based in Amsterdam

Crescent raises EUR 3bn for European direct lending
The company surpassed its original EUR 2bn fundraising target

Best time for private credit is during market volatility and dislocation – Arcmont’s Mattis Poetter
PODCAST: Over the past five years, private credit has grabbed market share during periods of dislocation, says Mattis Poetter, CIO of Arcmont 

Bank-asset manager partnerships reach European shores
EXCLUSIVE: the recent announcement from Arini and Lazard shows how new entrants into the direct lending market might copy the US model of leaning on bank partners

More volatility, more uncertainty and more tailwind for private credit – KKR’s Dan Pietrzak
PODCAST: The new Trump administration in the US has introduced new uncertainty with its preparedness to employ wide-reaching tariffs, and M&A volumes remain depressed, but KKR’s private credit team is busier than it has been in the past few years. 

AlbaCore launches debut senior direct lending fund with backing from ADIA, MUFG
EXCLUSIVE: The new fund, which already had a first close of USD 1.8bn, will fundraise throughout this year with final close planned for 2026

Macquarie launches European direct lending platform
The company is planning to launch a similar US-focused direct lending business by mid-2025

Lemssouguer’s Arini and Lazard strike partnership for European direct lending
The deal sourcing from Lazard will be a key component of Arini’s new direct lending strategy

AXA IM Alts launches diversified private credit fund for individual investors
The new strategy will invest across the entire private credit spectrum, covering not just direct lending but also asset-backed finance

Ares raises biggest ever European private credit fund

Morgan Stanley launches European direct lending fund open to Europe's wealthy
The investment management arm of Morgan Stanley hopes to leverage its US wealth experience to distribute the new product to European clients  

European direct lending "incredibly attractive", could easily see EUR 3bn unitranche in region: Ares
Co-head of European credit at Ares Management, Mike Dennis, spoke with Lisa Lee about the firm’s record fundraise for direct lending, and opportunities to invest in Europe  

JPMorgan, co-lenders commit USD 65bn to direct lending
USD 50bn from the bank’s own balance sheet to support private credit deals

CVC blows past fundraising target on its European direct lending fund
The alternative investment manager has already increased the fundraising target once for the 2023 vintage fund  

Aurelius Finance hires originator for North of England, UK
The newly created role will originate, structure and execute complex secured-debt deals in the United Kingdom

Muzinich launches senior direct lending fund for retail investors
Structured as an ELTIF, the new fund does not require a minimum holding period for investors. 

AXA IM Alts launches first evergreen private credit fund under ELTIF 2.0
AXA IM Alts has launched its first evergreen private credit fund that conforms to ELTIF 2.0

Global Private Credit AUM to reach USD 3trn by 2028 - Moody’s
Global private credit AUM is poised to hit USD 3trn by 2028, Moody's predicts, with momentum expected to grow over the next three years

Mega direct lenders break records despite sluggish fundraising cycle
The new year kicked off with Ares Management showcasing the largest ever fundraise for a European direct lending strategy, suggesting that investors are preferring to pile into the largest private credit managers