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    PennantPark Raises $745 Million for a Credit Continuation Fund
    Alternative Investments

    PennantPark Raises $745 Million for a Credit Continuation Fund

    PennantPark closed a $745 million GP-led credit continuation fund backed by Pantheon, moving first-lien loans from seven aging funds into PCS and giving LPs a cash-out or roll-forward option.

    Jeff Barnes, MBA··10 min read
    Arini Capital Nears $4 Billion Final Close on Debut European Direct Lending Fund
    Alternative Investments

    Arini Capital Nears $4 Billion Final Close on Debut European Direct Lending Fund

    Arini Capital Management nears a $4 billion final close on its debut European direct lending fund, anchored by BCI at $200 million with a 12 to 14 percent net IRR target and a Lazard sourcing partnership.

    Jeff Barnes, MBA··10 min read
    Pinegrove Closes $1.5 Billion Oversubscribed VC Fund-of-Funds: What It Means for LP Access
    Venture Capital

    Pinegrove Closes $1.5 Billion Oversubscribed VC Fund-of-Funds: What It Means for LP Access

    Pinegrove Venture Partners closed a $1.5 billion oversubscribed VC fund-of-funds. Here is how the structure works, what two layers of fees actually cost, and how smaller investors can get comparable exposure.

    Jeff Barnes, MBA··10 min read
    Hercules Capital Closes $2.3 Billion Across Two Private Credit Vehicles
    Alternative Investments

    Hercules Capital Closes $2.3 Billion Across Two Private Credit Vehicles

    Hercules Adviser closed two private credit vehicles in September 2026, raising $2.3 billion. The Evergreen Fund offers perpetual LP access while Growth Lending IV follows a closed-end model.

    Jeff Barnes, MBA··10 min read
    Jefferies Credit Partners Builds $4 Billion European Direct Lending Platform Anchored by Allianz Global Investors
    Private Equity

    Jefferies Credit Partners Builds $4 Billion European Direct Lending Platform Anchored by Allianz Global Investors

    Jefferies Credit Partners secures approximately $4 billion in European direct lending capacity, anchored by Allianz Global Investors. Here is what this deal means for private credit LPs and independent managers.

    Jeff Barnes, MBA··12 min read
    The SEC's $80 Million Pacific Fund Case: Seven Red Flags Every Accredited Investor Should Know
    Regulatory & Compliance

    The SEC's $80 Million Pacific Fund Case: Seven Red Flags Every Accredited Investor Should Know

    The SEC charged Bay Area fund managers Mark Hanf and Nam Phan with a Ponzi-like scheme raising $80 million from 190 mostly retired investors, leaving less than $17 million to cover $121 million owed.

    Jeff Barnes, MBA··10 min read

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