Private Credit
116 stories covering private credit — fund closes, LP allocations, regulatory filings, deal flow, and fundraising signals from PipelineRoad's editorial team.
Cliffwater Corporate Lending Fund again caps quarterly redemptions at 5%
Cliffwater’s $31bn interval private credit fund limited Q3 redemptions to 5% after investors sought to withdraw about 16% of holdings, according to Private Equity Wire.
Blackstone’s BCRED keeps 5% quarterly redemption cap after ~10% Q3 requests
Blackstone said BCRED, with about $77.2bn in assets, will honor 5% of outstanding shares after receiving about $4.3bn of Q3 repurchase requests.
Private Credit Managers Target UK DB Pension Market
Private credit managers are pursuing Britain's £1tn-plus defined-benefit pension schemes as insurers expand allocations to private assets through risk-transfer deals.
Private Credit Managers Shift Beyond Direct Lending Amid Slowing Fundraising
Non-traded BDCs raised $2bn in Q2, down 82% YoY, as $23bn in withdrawals hit private credit funds and managers expand into secondaries and AI lending.
Private credit managers target UK DB pension liabilities
Private credit managers are directing attention to Britain's £1tn-plus defined-benefit pension market through insurer partnerships and pension risk transfers.
KKR-backed The Executive Centre Targets $500m Debt Raise
Hong Kong-based flexible workspace operator The Executive Centre seeks around $500m in new debt to refinance borrowings and fund expansion.
Private Credit Defaults Rise to Five-Year Highs at Major Managers
Non-accruing loans at Ares, Blackstone, Blue Owl and Golub vehicles hit highest levels in at least five years while returns weaken.
Lord Abbett Private Credit Fund S Files D/A with SEC
Lord Abbett Private Credit Fund S submitted a D/A filing to the SEC on July 29, 2026, with accession number 0002041841-26-000004.
Palmer Square Private Credit Offshore Fund Files 3(c)(1) Notice
Palmer Square Private Credit Offshore Fund, LP submitted a D/A filing claiming Section 3(c)(1) exemption under the Investment Company Act on July 24, 2026.
Lord Abbett Private Credit Fund Submits D/A Filing
Lord Abbett Private Credit Fund filed a D/A notice with the SEC on 2026-06-10 under Section 3(c)(7) of the Investment Company Act.
TRO Specialty Private Credit Fund LLC Files SEC Document
TRO Specialty Private Credit Fund LLC submitted a filing to the SEC on June 8, 2026, according to EDGAR records.
Brighter Private Credit Fund LP Files SEC Document on Section 3(c)(1)
Brighter Private Credit Fund LP submitted a filing to SEC EDGAR on April 27, 2026, related to Investment Company Act Section 3(c)(1).
Private Credit BDCs Trade at Deepest NAV Discounts in Over Five Years
Shares of private credit BDCs are at their widest discounts to NAV since October 2020, per LSEG data, amid investor concerns over valuations and risks.
Private Credit Funds Face Funding Strain as Borrowing Costs Rise
Private credit managers encounter increased funding pressure from higher costs and tighter lending, per JPMorgan data cited in a report.
BTG Pactual Expands Performing Credit Team with Senior Hires
BTG Pactual Global Alternatives has added two senior executives to its performing credit business as it scales its $10.9bn alternatives arm.
Flow Capital to Tokenise $150m Private Credit Fund on Blockchain Platform
Flow Capital Partners plans to list its $150m private credit fund on a Singapore-based blockchain platform by month-end, aiming to raise an additional $30m in tokenised shares.
Wall Street Banks Report Strong Q1 Earnings Amid Private Market Uncertainty
Major Wall Street banks including Goldman Sachs and BlackRock posted strong Q1 earnings, providing insights into private credit redemptions and PE transaction trends.
Japan Positions Private Credit as Key Growth Pillar Amid Global Strain
Japan's financial regulator emphasizes private credit's role in its strategy despite overseas market volatility, as reported by Reuters.
Goldman Sachs Foresees Growth in Private Credit Despite Withdrawals
Goldman Sachs expects private credit to continue attracting capital long-term amid investor withdrawals and liquidity concerns, according to their executive.
Banks Tighten Leverage Terms on Private Credit Funds as Disputes Rise
Banks including JPMorgan Chase, Goldman Sachs, and Barclays are raising interest rates and reassessing collateral values for private credit funds amid market volatility.
PNC Discloses $7bn Exposure to Private Credit Firms
PNC Financial Services reveals approximately $7bn in exposure to private credit managers, part of a larger portfolio amid growing transparency in banking ties to the asset class.
US Treasury Requests Data from Private Credit Firms
The US Department of the Treasury is seeking detailed information from private credit managers on their operations and ties to financial systems, as reported by Punchbowl News.
LEO Multi-Manager Private Credit Fund Files SEC Form D/A
LEO Multi-Manager Private Credit Fund, LP filed a Form D/A on April 15, 2026, citing Section 3(c)(1) of the Investment Company Act.
LEO Multi-Manager Private Credit Fund LP Files SEC Document for Section 3(c)(1)
D/A - LEO Multi-Manager Private Credit Fund LP filed a SEC document on April 15, 2026, related to Item 3C.1 under the Investment Company Act.
Blue Owl Capital Raises $400m in BDC Bond Deal
Blue Owl Capital has raised $400 million through a bond issuance from its BDC, OBDC, amid volatility in the private credit sector, according to a report.
Blue Owl Capital Raises $400m Through OBDC Bond Issuance
Blue Owl Capital has raised $400m in a bond deal from its BDC, OBDC, amid private credit sector volatility, according to a report.
Major US Banks Disclose Private Credit Exposures Amid Investor Scrutiny
US banks like Wells Fargo, JPMorgan Chase, and Citigroup reveal details of their private credit lending in quarterly earnings, addressing risks as investor focus intensifies.
Carlyle Secures $1.5bn First Close for Asset-Backed Income Fund
Carlyle Group has raised $1.5 billion in the initial round for its new asset-backed finance vehicle, attracting commitments from institutional investors including pension funds.
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
Dawson Partners to Launch New Flagship Credit Fund After $7.7bn Close
Toronto-based private credit manager Dawson Partners prepares a new flagship fund mid-year, following the $7.7bn close of its predecessor, according to Private Equity Wire.
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.
Q1 2026 Review: Democratisation Dynamics in Private Markets
Private Equity Wire highlights democratisation trends in private markets for Q1 2026, focusing on education narratives and potential disruptions.
Q1 2026 Review: The Real Story in Private Markets
Aftab Bose of Private Equity Wire examines democratisation dynamics in private markets for Q1 2026, including education efforts and potential disruptions.
Mercer Raises $3.8 Billion for Latest Private Markets Fund
Mercer, part of Marsh & McLennan Cos, has closed its Private Investment Partners VIII fund at over $3.8 billion, attracting diverse global investors for multi-asset private markets exposure.
Mercer Raises $3.8 Billion for Private Investment Partners VIII Fund
Mercer has secured over $3.8 billion for its latest private markets fund, attracting commitments from global institutional investors amid strong demand for diversified strategies.
Mercer Raises $3.8bn for Latest Private Markets Fund
Mercer, part of Marsh & McLennan Cos, has raised over $3.8 billion for its eighth private investment fund, attracting commitments from global institutional investors.
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.
UK Regulators Plan Stricter Rules for Private Equity-Linked Insurance Structures
UK authorities are preparing to tighten oversight of funded reinsurance transactions involving private equity, as reported by Private Equity Wire.
Private Credit Funds Face Over $20bn in Redemption Requests in Q1 2026
Wealthy investors attempted to withdraw more than $20bn from private credit funds in the first quarter of 2026, affecting major managers and highlighting sector pressures.
Private Credit Funds Faced Over $20bn in Redemption Requests in Q1 2026
Wealthy investors attempted to withdraw more than $20bn from private credit funds in the first quarter of 2026, affecting major managers and highlighting sector pressures.
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.
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.
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.
Chicago Atlantic Launches Emerging-Market Private Credit Strategy
Chicago Atlantic is expanding into private credit in emerging markets, targeting high-quality borrowers amid shifting investor preferences.
Moody’s Revises Outlook on Blue Owl’s $36bn Credit Fund to Negative
Moody’s shifts outlook on Blue Owl Credit Income Corp to negative due to a surge in investor redemption requests in the first quarter, according to Private Equity Wire.
Moody’s Shifts Outlook on Blue Owl Credit Income Corp to Negative Due to Redemption Surge
Moody’s Ratings revised the outlook on Blue Owl Capital’s $36bn OCIC fund to negative amid higher redemption requests in the first quarter, reflecting broader private credit market strains.
Barings Caps Withdrawals from $4.9bn Private Credit Fund After Redemption Surge
Barings has limited redemptions from its $4.9bn Barings Private Credit Corp fund to 5% amid a spike to 11.3% in requests, reflecting broader trends in private credit.
Barings Caps Withdrawals from $4.9bn Private Credit Fund
Barings limits redemptions from its $4.9bn Barings Private Credit Corp to 5% after first-quarter requests reached 11.3%, amid rising liquidity demands in private credit.
