Private Credit Funds Promise Retail Access. Their Own Data Shows Class I Getting 99% of the Money.
As of July 31, 2026, PGIM Private Credit Fund had raised $278.1 million through Class I shares out of $281.1 million in total disclosed proceeds. Class S, the commission-based retail share class,...
Private Credit's 15 Billion Dollar Exit Line: A Data Look at Who Is Trying to Get Out
Cox Capital offered 90 million for discounted BDC shares. Investors took less than 5 million, revealing a 15 billion dollar exit backlog.
BDC Non-Accrual Rates Hit 3.95% in Q2 2026 — and the Adjusted Figure Is 50% Higher
TL;DR: The ten largest publicly traded BDCs reported an aggregate non-accrual rate of 3.95% at amortized cost in Q2 2026, up 20 basis points quarter-over-quarter. The adjusted figure, which counts all
The Emerging-Manager Debut Fund Boom of 2026: What the Data Actually Shows
TL;DR: Three unrelated firms closed debut or early-numbered funds in a single 48-hour window this month, oversubscribed or at hard cap. That is not luck. It is the sharp end of a barbell market where PitchBook found US...
Foreign LPs Are Now the Majority Check-Writers in Seed-Stage India Funds. Here Is the Data.
TL;DR: Aum Ventures closed the first tranche of its India Innovation Fund II at roughly ₹225 crore (about $23.6 million), and more than 65% of that money came from foreign limited partners in the US,...
SEC Form D Data: Where $767 Billion in Private Capital Actually Went
The most recent verified SEC data shows Regulation D private placements raised $767.2 billion in Q1 2026 alone, the highest single quarter on record, and 2025's full-year Reg D total came in at...