Download the June 2026 Issue of Private Debt Investor
The June 2026 issue of Private Debt Investor spotlights mounting scrutiny over asset valuations in the private debt space, questioning whether the sector is under‑pricing risk. It features a 19‑page deep‑dive on the rapid expansion of private credit in Asia, highlighting deal flow, regulatory shifts, and investor appetite. An exclusive interview with Alfredo Mattera, founder of Warrick Capital Partners, explores his push for “alternative alternatives” beyond traditional private debt structures. Additional pieces round out the issue with market data, strategy updates, and emerging trends.
Shamrock Capital Holds Final Close on $813m Media, Entertainment Fund
Shamrock Capital announced the final close of its latest media and entertainment fund, raising $813 million. The vintage continues the firm’s strategy of investing in cash‑flow‑generating assets, building on a portfolio that previously included rights to Taylor Swift’s music catalog. The capital...
S3 Closes Latest Residential Debt Fund on $850m
S3 Capital announced the close of its latest residential debt fund, securing $850 million in discretionary commitments. Of that total, $465 million is earmarked for co‑investment alongside limited partners. The fund will focus on financing single‑family rental and multifamily mortgage loans across...
CPP Investments Unloads European Non-Performing Loan Portfolio
Canada Pension Plan Investment Board (CPP Investments) has sold a European non‑performing loan (NPL) portfolio for roughly C$1 billion, equivalent to about $740 million USD. The transaction comes as the European NPL market shifts, with banks accelerating balance‑sheet clean‑ups. CPP plans to...
Loan Note: Pondering the State of the Market; Blue Owl BDCs Cut NAVs
The latest Private Debt Investor briefing highlights a cooling European private‑debt market, underscored by a new report that documents tighter credit spreads and slower fundraising. In the United States, Blue Owl’s two business‑development companies announced a steep dividend reduction, cutting...
DoubleLine CEO Gundlach Likens Private Credit to ‘Wild West’, Warns of Eroding Trust
At the Milken Institute Global Conference 2026, DoubleLine Capital CEO Jeffrey Gundlach warned that the private‑credit market has become a “Wild West” of high leverage and opaque structures. He highlighted a surge in defaults and stressed that investor trust is...
Investor Intentions: Decalia’s 2026 Private Debt Outlook
Decalia announced its 2026 private‑debt outlook, planning to allocate roughly €200 million (about $218 million) across ten distinct funds. The commitment reflects the firm’s confidence in mid‑market loan opportunities as institutional investors continue to seek yield in a low‑interest‑rate environment. Decalia’s allocation...
Loan Note: What’s Top of Mind for Europe’s Impact Investors; Insurers Under Ratings Scrutiny
The PDI Europe Summit 2026 highlighted emerging trends for European impact investors, emphasizing climate‑aligned capital, blended finance structures, and the growing role of ESG data. Insurers faced heightened regulatory scrutiny as supervisors questioned the reliability of private credit ratings used...
Apollo Beats Target on a Hybrid Fund with $6.5bn Close
Apollo Global Management closed its latest hybrid fund at $6.5 billion, exceeding the original fundraising target. The vehicle sits between traditional debt and equity, offering investors a blend of fixed‑income stability and upside potential. Demand for such mezzanine‑style structures has risen...
Apollo Breaks $1trn AUM and Moves to Report Daily Pricing for Credit
Apollo Global Management announced it has surpassed $1 trillion in assets under management, cementing its status among the world’s largest private‑credit firms. CEO Marc Rowan said the firm will transition its entire credit portfolio to a "100% daily pricing" model, moving...
Aware Super Looks to Add Direct Lenders in Europe
Aware Super, one of Australia’s largest superannuation funds, announced plans to add direct lenders to its investment portfolio in Europe. The move reflects a strategic shift to diversify geographically and move beyond indirect private‑debt vehicles. By investing directly in European...
Wealth Club Opens ‘Private Funds Supermarket’
Wealth Club has launched a "private funds supermarket," a platform that aggregates a range of private‑market investment products for individual investors. Founder and CEO Alex Davies says the service gives retail clients access to opportunities typically reserved for institutional players,...
KBRA: Defaults Down in Mid-Market, but with Trouble Spots
Kroll Bond Rating Agency (KBRA) reports that mid‑market corporate defaults slipped to their lowest level in years, with the aggregate default rate falling to roughly 1.2% in the first quarter of 2024. At the same time, overall interest‑coverage ratios improved...
Ares Brushes Off Negative Sentiment in Q1 Earnings
Ares Management reported first‑quarter earnings that surpassed analyst forecasts, despite a wave of negative sentiment across the broader credit market. CEO Michael Arougheti emphasized that the firm’s fundamentals remain solid and that the easing of geopolitical tension from the Iran...
Partners Group on Achieving Competitive Advantage in a Hot Market
Partners Group executives Callum Smith and Lori Pomerantz, joined by Marco Busca of Generali Asset Management, say that increased scale, dedicated capital and the surge in GP‑led transactions are driving a pronounced secondary market boom. They argue that these forces...