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    Payment In Kind

    Private Credit Just Raised $119 Billion in One Quarter. BDC Defaults Just Hit a Record Too.
    Market Analysis

    Private Credit Just Raised $119 Billion in One Quarter. BDC Defaults Just Hit a Record Too.

    Private credit funds raised $119 billion in the second quarter of 2026 alone, the fastest single-quarter pace on record, at the same time loan defaults inside the funds that hold this debt hit their...

    Jeff Barnes, MBA··10 min read
    PIK Loans in Private Credit: What Payment-in-Kind Notes Mean for Direct Lending Investors
    Alternative Investments

    PIK Loans in Private Credit: What Payment-in-Kind Notes Mean for Direct Lending Investors

    By Jeff Barnes, MBA | Angel Investors Network | August 3, 2026

    Jeff Barnes, MBA··9 min read