Tag Archives: Private Credit
Franklin Templeton Closes a $1.5 Billion Inaugural Collateralized Fund Obligation:
HedgeCo.Net — Franklin Templeton announced on August 20 the close of Franklin Templeton Structured Solutions 2026, L.P., its first collateralized fund obligation, raising $1.5 bill… Continue reading
Northleaf Closes ~$450 Million Across NASF and Co-Invest Vehicles:
HedgeCo.Net — Northleaf Capital Partners announced on August 18 the final close of Northleaf Asset-Based Specialty Finance, its first dedicated low-correlation asset-based specialt… Continue reading
Blackstone Private Credit Prices $750 Million of 6.200% Notes Due 2031:
HedgeCo.Net — Blackstone Private Credit Fund priced $750 million of 6.200% notes due November 15, 2031 on August 17, with settlement set for August 19 on a T+2 basis. The free-writ… Continue reading
Blue Owl Technology Finance Taps $400 Million of 6.5% Notes Due 2029:
HedgeCo.Net — Blue Owl Technology Finance Corp. (NYSE: OTF) priced $400 million of additional 6.500% notes due October 15, 2029 on August 17, a tap of the $500 million series issue… Continue reading
Star Mountain Closes a Rated CFO to Open Lower-Middle-Market Credit to Insurers:
HedgeCo.Net — Star Mountain Capital has closed Star Mountain CFO I, a collateralized fund obligation that lets insurers and other institutions buy investment-grade-rated paper back… Continue reading
T. Rowe Price’s OHA Private Credit BDC Posts Income Cover Even as NAV Slips:
HedgeCo.Net — T. Rowe Price OHA Select Private Credit Fund, the non-traded BDC known as OCREDIT, reported second-quarter results Thursday that split the wealth-channel private-credit story in two: net investment income of $0.61 per share still covered a $0.60 quarterly […]
Joe Tsai-Backed Blue Pool Hits $300 Million First Close on Harborside II:
HedgeCo.Net — Blue Pool Capital’s $300 million first close on Harborside II, a hedge-fund vehicle targeting $500 million by year-end, is another data point in the conversion of large Asia family offices into external allocator platforms — and a reminder […]
Apollo Sports Capital Commits $2.6 Billion Hybrid Financing to Yankees Owner:
HedgeCo.Net — Apollo Sports Capital’s $2.6 billion financing agreement with Yankee Global Enterprises is less a trophy-asset headline than a working template for how permanent capital is now used to recapitalize sports franchises at the intersection of private equity, private […]
Private Credit Redemption Pressure Intensifies:
HedgeCo.Net — Cliffwater’s flagship private-credit fund has become the latest flashpoint in the growing liquidity debate surrounding semi-liquid private markets. Investors in the firm’s large corporate lending vehicle reportedly requested redemptions totaling roughly 17% of the fund’s shares in the second […]
Private Credit Funds Lent $560B to U.S. Businesses Since 2023:
(HedgeCo.Net) Private credit has crossed another major threshold in its transformation from a niche corner of alternative finance into one of the most important sources of capital for corporate America. A new Managed Funds Association report says private credit funds have […]
Apollo Begins Daily Pricing for $830 Billion in Credit:
(HedgeCo.Net) Apollo Global Management’s decision to begin daily pricing across roughly $830 billion of credit assets marks one of the most important transparency shifts in the modern private markets industry. For years, private credit has grown by offering investors access […]