KKR raised a muscular $129bn across all strategies in 2025, marking 'the highest fundraising year in our 50-year history,' Craig Larson, head of investor relations, said in an earnings call.
As the firm reports record AUM, executives on the earnings call say only 8% of AUM is in software lending, with strong loan-to-value ratios.
California pension with about $4bn AUM looks to enter $100m this year into its new dedicated private credit sleeve after hearing more good news from its first credit GPs.
While the firm’s fundamentals were solid, investors cautious about private credit’s future punished Ares’ shares.
'We really like the idea of building a secondary platform with a blank sheet of paper,' KKR CFO Rob Lewin said on the firm’s Q4 2025 earnings call.
The business development company market in the US is already coming under pressure – and a high exposure to the software sector may make things worse.
Initial $250m consideration is composed of $125m in cash and $125m in units of P10.
The lease facility supports power generation and includes a 42-mile conveyor belt to address growing energy demand.
Find out our five key themes of 2026. Also, Axar Capital thinks ‘can kicking’ must come to an end, and Treeline beats target for direct lending fund. Here's today's brief for our valued subscribers only.
The potential adoption of this strategy follows in the footsteps of CalPERS, which implemented a total portfolio approach this past November.









