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.
Private Credit's $2 Trillion Blind Spot: What It Actually Shares With Pre-2008 CDOs
Private credit has grown into a $1.5-2 trillion global market, and in the fourth quarter of 2025, 20 BDCs posted net asset value declines of 1.5% or more in a single quarter, the worst reading of the...
BlackRock's Private Credit CEO Is Out. Here's What the TCP Capital Mess Tells Accredited Investors
BlackRock TCP Capital's CEO is stepping down amid a federal valuation probe and two NAV markdowns in five months. Jeff Barnes breaks down what it means.
Cov-Lite Loans and the Covenant Erosion Hiding in Your Private Credit Portfolio
TL;DR Over 90% of large-cap leveraged loans are now covenant-lite, yet recovery rates on cov-lite senior secured debt trail covenanted loans by roughly 10 percentage points, running at 65 to 67 cents
Private Credit's Inflection Point: Why LP Demand Is Cooling and What Accredited Investors Should Do Now
Alternative Investments Private Credit's Inflection Point: Why LP Demand Is Cooling and What Accredited Investors Should Do Now By Jeff Barnes, MBA | Angel Investors Network | June 24, 2026 TL;DR L...
Gulf Partners Group's $100M NinjaTrader Deal Signals a Structural Shift in GCC Private Credit
A Bahrain-based private markets firm that launched just five months ago has already closed a $100 million senior secured private credit facility for NinjaTrader Group Holding — and if you follow where
Direct Lending vs Broadly Syndicated Loans: A Private Credit Investor's Guide
TL;DR: Two corporate debt markets, each sitting at roughly $1.55 trillion in outstanding balances, now compete for the same PE-backed borrowers. Direct lending pays 9.8-10.3% with maintenance covenant
Eurazeo Closes at 3.9 Billion Euros for Direct Lending Fund VII: What European Private Credit Means for US Accredited Investors
TL;DR: Eurazeo Private Debt VII closed at 3.9 billion euros in June 2026, exceeding its 3 billion euro target by 30%. The total programme including private wealth mandates reaches 5.5 billion euros.
Crescent Capital Closes $10.8B Direct Lending Fund: What the Record Raise Signals for Private Credit
Crescent Capital Group closed its fourth U.S. direct lending fund on June 3, 2026, raising $10.8 billion in total investable capital, more than double the $4.2 billion predecessor fund closed in...
Crescent Capital Closes 0.8B Fund: Private Credit Is Booming. Here Are the Risks.
TL;DR According to a June 3 BusinessWire release , c rescent Capital Group closed its fourth direct lending fund at $10.8B in investable capital on June 3, 2026—the largest in the firm's 35-year
Where $2 Trillion Is Flowing: The Private Credit Market in 2025 and What It Means for Your Portfolio
Where $2 Trillion Is Flowing: The Private Credit Market in 2025 and What It Means for Your Portfolio TL;DR: Private credit crossed $2.1 trillion in AUM for the first time in 2024, and the Cliffwater…
Private Credit in 2026: $1.5 Trillion Market, FSB Systemic Risk Warning, and What Retail Investors Miss
TL;DR Private credit now sits at $1.5–$2 trillion in global AUM. Preqin projects $4.5 trillion by 2030. Senior secured direct lending yields 9–11% all-in today (SOFR ~3.7% plus 550–650 bps...
Private Credit Hits $2 Trillion: What Accredited Investors Need to Know Before Jumping In
Private Credit Hits $2 Trillion: What Accredited Investors Need to Know Before Jumping In TL/DR: Private credit is a $2 trillion market that now rivals the entire U.S. high-yield bond market in siz...
Private Credit Default Rates 2025: Three Indices, Three Very Different Numbers
TL;DR: Depending on which index you read, private credit default rates in 2025 were either 9.2%, 2.46%, or less than 1%. All three numbers are accurate. They just measure completely different things.