Continuation-fund-related PE exit count Download PitchBook’s Report here. Exits through continuation funds, also known as GP-led secondaries, are one way that sponsors can provide liquidity to LPs while also giving themselves more time to create additional value within their portfolio companies…. Subscribe to Read MoreAlready a member? Log in here...
US Leveraged Loan Launches Top $55bn in Second Week of 2026 The US leveraged loan market kicked off the new year in high gear, with $55.3b worth of deals launching to market during the week ending January 16th. It was the sixth busiest week for launches on record since Bloomberg began tracking the data in…
US private credit lending continued on its upward trajectory in 4Q25, driven by a jump in new money financings US direct lending sponsored volume climbed to US$109bn in 4Q25, an increase of 19% from the prior quarter. This uptick was driven by add-on M&A (+78%) and LBOs (+23%), which helped push new money financings up…
Insurers top of allocations table But our Investor Report finds that around two-thirds of institutions consider themselves under-allocated to the asset class. Public pensions may be the typical investor in private credit – accounting for 46 of the top 75 allocators to the asset class in Private Debt Investor’s annual Global Investor 75 ranking – but insurance companies are the ones apparently prepared to carve out the…
Life Insurer Investment Portfolios to Remain Broadly Stable in 2026 Click here to learn more. Life insurers’ investment portfolio mix should remain broadly stable, with solid credit quality and core fixed income dominant amid a continued tilt toward private credit and alternative investments, driven by opportunistic repositioning and regulatory reclassifications…. Subscribe to Read MoreAlready a
US Leveraged Loans Return 5.51% in 2025 The Bloomberg US Leveraged Loan Index (Ticker: LOAN) returned 0.61% in December, bringing its year-to-date return to 5.51%. Average secondary market prices on US leveraged loans were 96.93 on December 31st after gaining 18bps from the November 28th figure of 96.65…. Subscribe to Read MoreAlready a member? Log
2026 Regulatory Reviews Mark Inflection for Securitisation SRT Market Click here to learn more. The securitisation significant risk transfer (SRT) market is set to reach an inflection point in 2026 as a number of regulatory investigations conclude. These investigations include a global review into SRTs, a US review of large banks’ capital frameworks, the EU…
Share of PE middle-market exit value by type Download PitchBook’s Report here. Middle-market companies offer a wide array of exit options, as their smaller size makes them attractive targets for acquiring niche or local markets, enhancing business capabilities, and increasing market share…. Subscribe to Read MoreAlready a member? Log in here...
US Institutional loan issuance eases in ’25 despite another buildout year for AcqFin US institutional loan issuance reached approximately US$1trn in ’25, down about 20% on the year although still the second busiest for the product…. Subscribe to Read MoreAlready a member? Log in here...
Senior debt fundraising falls from its peak Our data for private credit capital raising by strategy shows investors once again diversifying their commitments rather than concentrating them. At first glance, it appears that last year saw investors significantly re-align their strategic priorities when it comes to private credit. But a closer examination of the PDI…