Direct Lending
34 stories covering direct lending — fund closes, LP allocations, regulatory filings, deal flow, and fundraising signals from PipelineRoad's editorial team.
Adams Street Closes $7.5bn Private Credit Fund as Strategy Assets Reach $15bn
Adams Street Partners has closed its third private credit vehicle with $7.5bn in total capital, expanding its direct lending platform and increasing strategy assets to $15bn, according to Private Equi
APG Plans to Increase Private Markets Allocation to Over 30%
Europe's largest pension investor, APG, aims to raise its private markets exposure above 30% amid credit market shifts and Dutch regulatory changes.
Carlyle Limits Withdrawals from $7bn Private Credit Fund Amid Redemption Surge
Carlyle caps withdrawals at 5% for its $7bn Tactical Private Credit Fund after requests reached 15.7% of shares, according to a report cited by Private Equity Wire.
Carlyle Limits Withdrawals from $7bn Tactical Private Credit Fund
Carlyle capped withdrawals at 5% for its $7bn Tactical Private Credit Fund after requests reached 15.7% of shares, amid broader market pressures.
North American Pensions Maintain Private Credit Allocations Despite Market Strains
Large North American pension funds, including CalSTRS, are holding firm on private credit investments amid sector challenges, according to a report.
Ares Appoints Former Goldman Sachs Exec as Asia Credit Head
Ares Management Corp names E G Morse as partner and head of Asia credit, succeeding Edwin Wong amid regional leadership changes.
Ares Management Appoints E G Morse as Head of Asia Credit
Ares Management Corp names E G Morse, a former Goldman Sachs executive, as partner and head of Asia credit in Hong Kong, succeeding Edwin Wong who retires in June.
Blackstone Closes $10bn Opportunistic Credit Fund at Hard Cap
Blackstone has raised over $10bn for its fifth flagship opportunistic credit fund, reaching its hard cap amid strong demand for private credit strategies.
Blackstone Hits $10bn Hard Cap for Fifth Flagship Opportunistic Credit Fund
Blackstone has closed its Blackstone Capital Opportunities Fund V with more than $10bn in commitments, reaching its hard cap due to strong investor demand for private credit strategies.
Onex Direct Lending Cayman Fund Files Section 3(c)(7) Notice
Onex Direct Lending Cayman Fund LLC filed a notice with the SEC on April 7, 2026, related to Section 3(c)(7) of the Investment Company Act.
Onex Direct Lending Cayman Fund LLC Files SEC Document for Section 3(c)(7)
Onex Direct Lending Cayman Fund LLC filed a SEC document on April 7, 2026, under Item 3C.7 related to Section 3(c)(7) of the Investment Company Act.
Goldman Sachs Benefits from Retail Withdrawals in Private Credit
Goldman Sachs' $15.7bn private credit fund sees low redemptions due to institutional investors, amid sector-wide retail outflows, according to a report.
KKR Imposes Limits on Withdrawals from Private Credit Fund Amid Q1 2026 Redemption Surge
KKR restricts investor withdrawals from KKR FS Income Trust after requests reached 6.3% of shares in the first quarter of 2026, according to a report by Private Equity Wire.
US Treasury to Hold Discussions on Private Credit Risks
The US Treasury is convening regulators to assess vulnerabilities in private credit markets following recent sector turbulence.
Blue Owl Capital Raises $2.9 Billion for Asset Special Opportunities Fund IX
Blue Owl Capital has completed the final close of its Asset Special Opportunities Fund IX, raising $2.9 billion and surpassing its $2.5 billion target, according to Private Equity Wire.
Golub Capital Direct Lending Fund Files SEC Document on Section 3(c)(7)
Golub Capital Direct Lending Fund, L.P., Series SU-A filed a SEC document on March 31, 2026, related to Section 3(c)(7) of the Investment Company Act.
Golub Capital Direct Lending Fund Files Under Section 3(c)(7)
Golub Capital Direct Lending Fund, L.P., Series SU-A submitted a SEC filing on March 31, 2026, specifying Item 3C.7 for Section 3(c)(7) of the Investment Company Act.
Blackstone Senior Direct Lending Fund Files SEC Document for Section 3(c)(7)
Blackstone's fund submitted a SEC filing on March 31, 2026, referencing Section 3(c)(7) of the Investment Company Act.
Blackstone Senior Direct Lending Fund Files Under Section 3(c)(7)
Blackstone's Senior Direct Lending Fund submitted a SEC filing on March 31, 2026, under Item 3C.7 of the Investment Company Act.
Blackstone Senior Direct Lending Fund LP-2 L Files SEC Form for Section 3(c)(7)
Blackstone Senior Direct Lending Fund LP-2 L filed a SEC document on March 30, 2026, related to Investment Company Act Section 3(c)(7).
Blackstone Files SEC Document for Senior Direct Lending Fund
Blackstone Inc. filed a document for its Senior Direct Lending Fund LP-2 L on March 30, 2026, citing Section 3(c)(7) of the Investment Company Act.
Oak Hill Advisors Launches OFLEX Retail Private Credit Fund
Oak Hill Advisors introduces OFLEX, an interval fund for retail investors targeting public and private debt amid market caution.
Oak Hill Advisors Launches Retail-Focused Private Credit Fund OFLEX
Oak Hill Advisors introduces OFLEX, an interval fund for retail investors in private credit strategies amid sector caution.
Goldman Sachs AM Seeks $10bn for New Global Private Credit Fund
Goldman Sachs Asset Management is in early discussions to raise at least $10 billion for its latest global direct lending vehicle, West Street Loan Partners VI.
Goldman Sachs AM Targets $10bn for New Global Private Credit Fund
Goldman Sachs Asset Management seeks to raise at least $10 billion for its next global direct lending fund amid investor caution in the private credit sector.
Morgan Stanley Forecasts 8% Default Rise in Private Credit
Morgan Stanley expects default rates in direct lending to reach around 8%, partly due to AI-related pressures on software companies.
Morgan Stanley Forecasts 8% Rise in Private Credit Defaults
Morgan Stanley expects private credit default rates to reach around 8%, driven by pressures on software companies from AI disruption and high leverage.
ICG Appoints Luke Schlafly as Global Head of Insurance Client Solutions
Global asset manager ICG has named Luke Schlafly to lead its insurance efforts within the Client Solutions Group, according to Private Equity Wire.
Davidson Kempner Warns of Deeper Stress in Private Capital Industry
Davidson Kempner highlights financial stress in private markets, including $768bn in stressed debt and a $4tn backlog of unsold portfolio companies, according to a Private Equity Wire report.
D - Direct Lending Continuation Fund I SLP Files Under Investment Company Act Section 3(c)(7)
D - Direct Lending Continuation Fund I SLP filed a notice on March 13, 2026, citing Section 3(c)(7) of the Investment Company Act, according to SEC EDGAR.
KKR Enhanced US Direct Lending Fund-L Inc. Files SEC Document
KKR Enhanced US Direct Lending Fund-L Inc. filed a document with the SEC on March 9, 2026, according to official records.
KKR US Direct Lending Fund-U Inc. Files with SEC
KKR US Direct Lending Fund-U Inc., with CIK 0001987990, filed a document on the SEC EDGAR system on March 9, 2026.
Blue Owl Short Interest Hits Records as Private Credit Market Faces Scrutiny
Short sellers target Blue Owl Capital amid growing investor concerns about private credit market vulnerabilities and valuation practices.
Blackstone and Ares Deploy $5B in Private Credit for Thoma Bravo Deal
Two credit giants finance Thoma Bravo's WWEX-Auctane merger, highlighting private credit's growing role in large buyouts.
