
Alternative Investments
Churchill and Seviora's $400 Million CFO: What It Is, and Why You Can't Own It
TL;DR: Churchill Asset Management and Seviora Holdings closed a roughly $400 million collateralized fund obligation (CFO) on July 13, 2026, blending Churchill's U.S. private equity and junior cap
Jeff Barnes, MBA··11 min read

Market Analysis
Private Credit's Mega-Fund Problem: Five Managers Raised $64 Billion While Retail BDCs Hit Redemption Walls
Five managers pulled in more than $64 billion in fresh private credit commitments during the first half of 2026. Barings raised $19 billion, Churchill Asset Management raised $16 billion, Crescen
Jeff Barnes, MBA··10 min read