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
Mavik Capital's $1B Bet on Distressed CRE: What the 2026 Maturity Wall Means for You
Mavik Capital Management is out raising $1 billion for a new fund, VS3, built to buy distressed commercial real estate and commercial mortgage-backed securities (CMBS) before the 2026 loan maturi
The BDC Redemption Crisis: Why $15.6 Billion Couldn't Get Out in Q2 2026
Investors asked private credit funds for $15.6 billion back in the second quarter of 2026. Ten of the 16 business development companies that Fitch Ratings tracks couldn't pay it. Their quarterly redem
Private Credit Hit $2.1 Trillion. The SEC Just Made It a Top 2026 Exam Priority.
Private credit just crossed $2.1 trillion in global assets under management. Same quarter, the SEC put it on the top of the list of things examiners will scrutinize in 2026. I don't think that's a coi
Hayfin's €15 Billion Fund Close Shows Where Smart Money Hides From Private Credit Liquidity Risk
Hayfin's €15B Direct Lending Fund V close reveals why institutions avoid semi-liquid BDCs. What accredited investors must know before allocating.