BlackRock Inc, the world’s largest asset manager, is restructuring its private credit division in a bid to close the gap with rivals in the rapidly expanding market, with the establishment of a new division Global Direct Lending led by Stephen Caron, according to a repot by Bloomberg.
Private equity giant Apollo is making a push into the high-grade debt market, an area long controlled by traditional banks, steered by former UBS, Swiss Re, and the World Bank executive Jamshid Ehsani, who joined the firm in 2010, according to a report by the Financial Times.
Vista Equity Partners and Blackstone Inc are in talks with private credit lenders to secure a $3.2bn debt package to support their planned acquisition of software maker Smartsheet Inc, according to a report by Bloomberg.
European investment firm Armen, which focuses on buying stake in private equity firms, has made its first foray into the alternative credit space with the acquisition of a 16% stake in Chorus Capital, provider of default protection for loan portfolios, according to a report by Bloomberg.
Law firm Cahill Gordon & Reindel LLP has appointed Dan Amato as a Partner in the firm’s private credit practice in New York. Amato joins from Orrick, Herrington & Sutcliffe LLP where he served as a Partner and Head of Sponsor Finance.
Intermediate Capital Group Plc (ICG), the €101bn London-headquartered private equity firm, has secured €15.2bn ($16.8bn) for its latest European direct-lending fund, making it the largest fund of its kind in the region, according to a report by Bloomberg.
Infrastructure investment specialist Infranity has launched its commingled Enhanced Return Debt strategy which, together with co-investments, has already exceeded half of its target, reaching €1.585bn in capital commitments.
Thornburg Investment Management has formed a joint venture with alternative asset manager Bow River Capital to provide flexible private credit solutions that support the needs of lower- and middle-market businesses.
Several US pension funds are preparing to significantly increase their allocations to private credit in the 2025 fiscal year, highlighting a growing interest in the sector among institutional investors, according to a report by Banking Exchange.
HPS Investment Partners, the private credit manager spun out of JPMorgan Chase & Co in 2016, has opened discussions with potential investors about an initial public offering at a valuation of over $10bn, 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
