Blackstone Inc is reportedly in discussions with private credit lenders to raise approximately £1.1bn for its Clarion Events business, with proceeds intended to refinance existing debt and fund a dividend recapitalisation, according to a report by Bloomberg.

Investor sentiment toward private credit funds is souring as the first US Federal Reserve rate cuts in years begin to squeeze payouts and test the resilience of the once high-flying asset class, according to data analysed by Bloomberg.

US Securities and Exchange Commission Chairman Paul Atkins has said that the rapid growth of private markets, including private credit, does not pose a systemic risk to the broader financial system, signalling regulatory openness to expanded activity in the sector, according to a report by Bloomberg.

Private investment firm CVC Capital Partners is in discussions with private credit funds to refinance Swiss software company WebPros in a dividend recapitalisation, according to a report by Bloomberg citing unnamed sources familiar with the matter.

Private credit managers are increasingly refining fund structures to meet growing investor appetite for liquidity, co-investment, and bespoke solutions, according to new research from the Alternative Credit Council and law firm Dechert.

Oaktree Capital Management has committed debt financing to Middle East real estate and hospitality investor Arzan Investment Management, marking a strategic push into the region’s growing private credit market, according to a report by Bloomberg.

Private credit investors are increasingly pivoting from saturated Western markets to emerging economies, drawn by higher yields, less competition, and a growing pool of bankable projects, according to a report by Reuters.