Bank of England Governor Andrew Bailey has cautioned that recent failures in the private credit sector should not be dismissed as isolated incidents, highlighting the market’s opacity and its potential to amplify shocks reminiscent of the 2008 financial crisis, according to a report by Reuters.
The US Treasury is set to hold discussions with domestic and international insurance regulators to examine potential vulnerabilities in private credit markets, following recent turbulence in the sector, according to a report by the Financial Times.
Blue Owl Capital, an investor across credit, real assets, and GP strategic capital has completed the final close of its Asset Special Opportunities Fund IX, raising approximately $2.9bn in total capital commitments, surpassing its initial $2.5bn target.
Several of Wall Street’s largest private credit managers, including Blackstone, Ares Management, and KKR have received inquiries from the Democratic members of the House Financial Services Committee regarding the operations of their private credit funds, according to a report by Bloomberg.
Ares Management has raised over $9.8bn for its opportunistic credit platform, completing the third fund in the series along with associated investment vehicles, even as private credit faces growing scrutiny, according to a report by the Wall Street Journal.
17Capital has completed the final close of Credit Fund 2 at approximately $7.5bn, including affiliated mandates, marking the largest fundraise for a NAV loan vehicle to date and bringing the firm’s total capital raised across eight funds since 2008 to more than $24bn.
US Federal Reserve Chair Jerome Powell said the central bank is closely watching the private credit sector for signs of stress, but currently does not see threats that could trigger a wider financial system crisis, according to a report by Reuters.
Ares Management and Antares Capital have teamed up to create a $1.7bn continuation vehicle to recapitalise a portfolio of private-credit assets, marking their second such vehicle together in the past year, according to a report by teh Wall Street Journal.
Two opposing forces are apparent in private markets this week – the withdrawal of wealth and retail capital from private credit funds, and steps towards the invitation of retirement pools into private capital as a whole.
The Australian Securities & Investments Commission is increasing supervision of the domestic private credit industry, requesting detailed weekly data from fund managers as global scrutiny of the $1.8tn sector intensifies, according to a report by Bloomberg.
12 November, 2026 – 5:00 pm
12 November, 2026 – 8:00 am
12 February, 2026 – 8:00 am
12 February, 2026 – 5:00 pm
