Suzie Neuwirth

Alternative asset manager Arrow Global has selected SEI to support its fund administration, loan operations and investor services for its private credit fund domiciled in Luxembourg.

Private real estate credit manager S3 Capital has raised $335m (£264.6m) at the first close of its latest fund.

BlackRock has seen an increase in companies showing stress in its direct lending portfolio but still expects defaults to remain low.

Singapore state-owned investment firm Temasek is launching a private credit platform with an initial portfolio of around S$10bn (£5.9bn), as it looks to capitalise on opportunities in the fast-growing sector.

Institutional investors are looking to whittle down the number of private credit managers they work with, as they streamline their strategies.

The private credit industry is at an exciting stage in its evolution, bringing operational challenges and opportunities for fund managers. Aztec Group’s head of private credit Kevin Hogan sat down for a fireside chat with Meera Savjani, fund chief financial officer at Arrow Global, to discuss data, liquidity, AI and more. Alternative Credit Investor was there to report on the discussion…

The 2024 cohort of direct lending loans are of a higher credit quality than in previous years, with conditions expected to improve further next year.

Sixth Street is set to invest up to $4bn (£3.1bn) in loans originated by buy-now-pay-later lender Affirm, the largest capital commitment secured by the fintech to date.

Lithuanian crowdfunding platform InRento has reported “rapid growth” this year, as it eyes further overseas expansion in 2025.

US alternative asset manager MidOcean Partners has surpassed its $300m (£236m) target at the final close of its inaugural collateralised loan obligation (CLO) equity fund.