Apollo closed Hybrid Value Fund III ($6.5B) and Accord Fund VII ($1.9B) in consecutive days. Ares set a Q1 fundraising record at $30B. Private credit is scaling at a historic pace.
Blackstone’s Capital Opportunities Fund V closed oversubscribed at $10B. Private credit now rivals the entire high-yield bond market—here’s who’s winning and what risks regulators see.
Private credit has crossed $2 trillion in global AUM, displacing banks and reshaping how companies borrow. Here’s what’s driving the boom and the risks investors should watch.
SoftBank’s lenders are recruiting more banks to share the $40B OpenAI loan. Inside the capital markets machinery that funds AI’s biggest bets.
How private credit crossed $2 trillion in AUM—and why corporations are choosing direct lenders over banks in 2026.
Blue Owl’s redemption cap signals the first real cracks in private credit. Here’s what it means for borrowers, banks, and the $2 trillion market.
Jamie Dimon dropped his annual shareholder letter this morning, and it reads less like a corporate update and more like a warning siren. The JPMorgan CEO flagged three big risks: geopolitical instability, AI, and the growing shadows of private markets. Here’s why Wall Street is taking notes.