Robin Blumenthal
By now there is widespread acknowledgement that something is awry in private credit, both with redemptions in semi-liquid funds and valuations.
We’ve seen this movie before, but that was before private credit became a household term.
Competition for deals has risen to fever pitch and sourcing is a key differentiator, delegates heard.
Credit secondaries jumped to 11% of private credit’s total fundraising in 2025.
Spreads now have a floor, creating opportunities, the deputy chief investment officer tells NEXUS 2026
The manager tells PEI Group’s NEXUS confab that despite the late stage in the credit cycle, the firm is finding value where there is a shortage of capital.
Fitch reports spike in redemptions in non-traded BDCs, while Stanger warns of 'hairpin turn' and Solve sees a rise in non-accruals.
The manager will use the fund to target first-lien loans to lower mid-market sponsor- and non-sponsor owned borrowers.
Great American Holdings has acquired a risk solutions business and begun managing third-party assets focused on asset-based lending.
Recent events lead to queries about how much advantage investors receive from the ‘illiquidity premium’.