Private credit faces a capital abundance problem with too much money chasing too few deals, compressing returns from 14.9% to 5.2%. Major themes: university endowments liquidating PE stakes at steep discounts, regulatory push for retail access, systemic risk warnings, and IRR inflation concerns.RetryClaude can make mistakes. Please double-check responses.

Private credit surged to $1T, largely bank-funded, raising systemic risk concerns as loans increasingly resemble traditional banking.

In Brief: Keith Ashton and David Ells, partners and portfolio managers at Ares Management's Alternative Credit division, joined...

Private credit has lost its edge as "undiscovered" opportunity, warns Oaktree's Howard Marks amid $1.5T market growth.

Private equity is emerging from a challenging period with distributions finally exceeding capital contributions for the first time since 2015, while global deal value rebounded 14% to $2 trillion in 2024. According to McKinsey's Global Private Markets Report 2025, this marks the beginning of recovery after three years of difficult conditions caused by rising interest rates and economic uncertainty.

In Ares Management's recent "In the Gaps" webinar, Co-Heads of Alternative Credit Joel Holsinger, Keith Ashton, and Kevin Alexander discussed key trends affecting private credit markets in 2025. The panel highlighted how recent market volatility, flattening credit curves, and demographic shifts are reshaping private credit opportunities.

Capital Southwest reports FY 2025 results with total assets up to $1.88B, NAV per share at $16.70, and increased investments at fair value.

What's New MSCI's Q4 2024 Private Capital Benchmarks Summary reveals a private markets landscape struggling to maintain momentum, with...

Direct lending deal activity has slowed significantly in early 2025, with both volume and deal count trailing last year's pace, according to PitchBook's April 2025 US Private Credit Monitor. The "Liberation Day" tariff announcement on April 2 has disrupted the M&A recovery many had anticipated in Q1.

Private credit continues to expand rapidly beyond institutional investors to reach retail and 401(k) markets, despite growing concerns about industry risks in the $2.2 trillion asset class.

Firsthand Technology Value Fund reports Q1 2025 results with total assets down to $1.49B and NAV per share declining to $0.12.

TriplePoint Private Venture Credit reports Q1 2025 results with total assets of $426.35M, NAV per share at $10.73, down from $11.11 in Q4 2024.

Guggenheim Credit Income Fund 2019 reports Q1 2025 results with total assets down to $1.59B and NAV per share at $0.85.

Guggenheim Credit Income Fund reports Q1 2025 results with total assets down to $4.30B and NAV per share decreased to $0.25.

Guggenheim Credit Income Fund reports Q1 2025 results with total assets down to $7.18M and net asset value per share at $0.24.

Golub Capital Private Credit Fund reports Q2 2025 results with assets up to $5.08B, increased debt, and expanded investment portfolio.

NexPoint Capital reports Q1 2025 results with total assets of $45.01M, down 3.4% from Q4 2024. NAV per share decreased to $4.99.

Star Mountain Lower Middle-Market Capital Corp reports Q1 2025 results with total assets of $391.38M and NAV per share of $24.55.

Crescent Private Credit Income Corp reports Q1 2025 results with assets up to $411.6M, NAV per share at $26.88, and increased debt.

Princeton Capital reports Q1 2025 results with total assets down to $19.37M and NAV per share declining to $0.158 from $0.175 last quarter.