Sergio Padilla

The CLO issuance is routine but comes after a 0.4% decline in February, the BDC's first monthly loss in three years.

Apollo and Ares’ funds join a growing list of funds enforcing redemption limits, seeking to avoid downgrades.

Private credit funds risk having fewer options for liquidity than before if other banks follow the Wall Street mainstay’s lead.

The fund is targeting $10 billion of investor capital, and focuses on customised junior debt financing

Alternative managers that sponsor structured finance JVs are using their minority stakes to bring investment grade debt to investors.

Cliffwater and Morgan Stanley seek to reassure investors over the health of their funds’ portfolios, while JPMorgan limits lending activity to credit funds.

Eagle Point’s latest closed fund invests in the debt securities issued by BDCs, credit funds and mortgage REITs.

Redemption requests in HPS Corporate Lending Fund exceeded the usual limit by more than 4 percentage points.

BCRED lifted its 5% redemption limit to 7% of assets.

Run-off evergreens and rolling vintage umbrella funds are giving LPs more flexibility than traditional closed-end drawdown funds.