Ares Management Corp has named E G Morse as partner and head of Asia credit, as the firm continues to build out its regional leadership across private credit strategies. Based in Hong Kong, Morse succeeds Edwin Wong (pictured), who is set to retire at the end of June.
Wealthy investors attempted to withdraw more than $20bn from private credit funds in the first quarter of 2026, highlighting growing pressures on an asset class that has become a major source of capital for leveraged buyouts and PE-backed companies, according to a report by the Financial Times.
Blackstone has closed its latest flagship opportunistic credit fund – Blackstone Capital Opportunities Fund V (COF V) – with more than $10bn in total capital commitments, reaching its hard cap amid strong investor demand for private credit strategies.
Chicago Atlantic is launching a new strategy targeting private credit opportunities in emerging markets, aiming to capitalise on growing demand as some investors reduce exposure to similar US-based funds, according to a report by Bloomberg.
Moody’s Ratings has revised its outlook on a major credit vehicle managed by Blue Owl Capital to negative, pointing to a surge in investor redemption requests during the first quarter, according to a report by Reuters.
Barings has become the latest firm to limit withdrawals from a private credit fund, capping shareholder redemptions from the $4.9bn Barings Private Credit Corp (BPCC) at 5% after first-quarter requests surged to 11.3%, according to a report by Reuters.
Private credit major Blue Owl Capital saw its shares fall to a record low on Monday, extending a multi-week slide driven by growing unease over the $1.8tn private credit market, according to a report by Bloomberg.
Goldman Sachs’ reliance on longer-term institutional investors has helped its $15.7bn private credit fund weather the retail-driven withdrawals affecting much of the sector this year, according to a report by Bloomberg.
JPMorgan CEO Jamie Dimon has cautioned that losses in private credit may be larger than anticipated, even as he downplayed the risk of a systemic crisis in the $1.8tn sector, according to a report by The Times.
Blue Owl has moved to limit withdrawals from two of its funds after receiving elevated redemption requests in the first quarter, as investor sentiment towards private credit – particularly technology-focused strategies – weakened, according to a report by Reuters.
12 November, 2026 – 5:00 pm
12 November, 2026 – 8:00 am
12 February, 2026 – 8:00 am
12 February, 2026 – 5:00 pm
