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

Tariffs will increase defaults – Blackstone
The alternative asset management giant also said the private credit market is providing financing that previously would not have been available in times of dislocation like this

L&G launches private debt impact investing strategy for UK retirement investors
The insurer has now committed more than USD 1.1bn for private debt investments that will support nature conservation and sustainable development in emerging markets

2025 starts strongly as managers eye mid-120s for US new issues, resets
The new year has kicked off with US CLO managers looking to price new issue and reset triple-A paper in the mid-120s, with the possibility of further tightening to come

Gramercy raises USD 760m for EM loan fund
Gramercy Funds Management, an emerging markets investment specialist, has raised USD 760m for a capital solutions strategy

Fund performance - Emerging markets index takes top spot in solid month for credit overall
September was another positive month for credit funds. In almost every category our indices were positive, and four strategies showed solid average returns of 1% or more. 

Patria launches new infrastructure credit fund

BlackRock eyes next infra debt fund
BlackRock Alternatives is looking to launch a second global infrastructure debt fund, shortly after the departure of its European head of debt

CIFI launches Latam debt fund for sustainable infrastructure
CIFI Asset Management has launched, in collaboration with development institutions, institutional investors and private banks, a debt fund for sustainable infrastructure in Latin America and the Caribbean

Brazilian distressed fund gains investor attention internationally
International investors continue to take note as Brazil's Jive Investments raises roughly half a billion dollars for fourth vintage of distressed and special situations fund. 

We pulled back because yields didn’t seem to match the risk. Now it’s better
During visits to Melbourne and Sydney last month, conversations with clients and friends about private debt revealed important contexts to understanding how investors there think about the asset class.

Fund performance: Light at the end of the tunnel for credit funds after difficult year
Following a tough September, credit funds bounced back in October as 59% of funds made positive returns.

Credit hedge fund returns (December 2023)
Credit hedge fund returns

Credit funds at a glance (December 2023)
A round up of fundraising and people moves in credit

"Forget the World Cup, the macro-economic catastrophe cup has more well-matched contenders"
Government bonds are rallying in some quarters, but the odds are on more stress feeding into credit  

Fund performance: Wake us up when September ends
After a resurgent August, credit markets hit a rough patch in September, with every Creditflux index posting negative returns, and only 12.9% of funds in our listings showing a positive return.

Credit hedge fund returns (November 2022)
Credit hedge fund returns

Credit funds at a glance (November 2022)
A round up of fundraising and people moves in credit

Asia credit rallies sharply but rest of world holds firm ahead of Fed
While most of the global financial market hangs in the balance, Asian credit has undergone a second day of relief rallying having hit the year’s peak on 31 October

Brazil rally picks up as Bolsonaro keeps calmo
A rally in Brazilian credit spreads picked up late on Tuesday and has carried over to Wednesday, after outgoing president Jair Bolsonaro broke his lengthy silence on the weekend’s election without challenging the result

Brazil resumes tightening but Bolsonaro silence tests nerves
Brazilian credit spreads have cautiously improved on Tuesday, as the country’s supreme court ordered police to clear roadblocks by protesting supporters of defeated president Jair Bolsonaro

Credit PM pair seek galaxy of opportunities with long/short fund manager launch
Two experienced portfolio managers have set up a new venture to take advantage of volatile markets

Fund performance: Credit slumps widely as CLOs lag furthest behind
February’s market turn brought a variety of fund categories into the Creditflux top ten as six different categories were represented -- US high yield standing tallest among them