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The definitive source of private markets intelligence.


HarbourVest Outlook | Private Markets Poised for Growth as Headwinds Ease in 2025
The private markets landscape is showing clear signs of recovery, with global private equity investment activity reaching $1.3 t
Dec 28, 20242 min read


Adams Street Outlook | Private Markets Poised for Deal Surge and AI Revolution in 2025
Adams Street Partners' 2025 outlook forecasts a broad resurgence in private equity deal activity and exits, driven by stabilizing interest r
Dec 28, 20241 min read


Morgan Stanley Outlook | Multiple Shifts Ahead as New Cycle Emerges
Morgan Stanley's 2025 forecasts across private markets signal major transitions: real estate entering an upcycle, private credit
Dec 25, 20241 min read


FT | Junk loan defaults hit 7.2%, highest since 2020
What's new: U.S. companies are defaulting on leveraged loans at a 7.2% rate, the highest level in four years, as they struggle to...
Dec 24, 20241 min read


UBS Outlook | Traditional sectors poised to outperform hot trends
Infrastructure investors face critical strategic choices in 2025 between popular sectors like data centers and renewables versus
Dec 24, 20241 min read


Moonfare Outlook | Private markets set for 2025 rebound as exits, valuations recover
What's new: Private market activity is accelerating into 2025, with improved financing conditions and narrowing bid-ask spreads expected...
Dec 24, 20241 min read


Private Credit Portfolio Analysis | Blackstone Secured Lending Fund Reports Q3 2024 Results
BXSL reports asset growth to $12.37B, with investments up 21.4% to $11.98B. NAV per share rises to $27.27 amid increased leverage.
Nov 13, 20242 min read


Private Credit Portfolio Analysis | FS KKR Capital Corp. Reports Q3 2024 Results with Stable NAV
FS KKR Capital Corp. reports Q3 2024 results with stable NAV, decreased net investment income, and active portfolio management.
Nov 12, 20242 min read


Private Credit Portfolio Analysis | Prospect Capital Reports Q1 2025 Results with Net Loss and Declining NAV
Prospect Capital reports Q1 2025 net loss of $134M, NAV drops to $8.10/share amid unrealized losses of $124M and portfolio value decline.
Nov 8, 20242 min read


Private Credit Portfolio Analysis | Palmer Square Capital BDC Expands Investment Portfolio in Q3 2024
Palmer Square Capital BDC grows portfolio 25.3% in Q3, shifts capital structure with new notes payable amid reduced net income.
Nov 8, 20242 min read


Private Credit Portfolio Analysis | Runway Growth Finance Reports Q3 2024 Results
Runway Growth Finance reports Q3 2024 results with increased net income, slight decrease in NAV, and robust investment activity.
Nov 8, 20242 min read


Private Credit Portfolio Analysis | Nuveen Churchill Direct Lending Corp. Reports Q3 2024 Results
Nuveen Churchill Direct Lending Corp. reports Q3 2024 results with asset growth to $2.14B and increased net income of $36.64M for the quarter.
Nov 8, 20242 min read


Private Credit Portfolio Analysis | CION Investment Corporation Reports Q3 2024 Results
CION Investment Corp reports Q3 2024 results: assets down, NAV per share drops to $15.73, net loss of $379,000 amid portfolio changes.
Nov 7, 20242 min read


Private Credit Portfolio Analysis | Bain Capital Specialty Finance Reports Mixed Q3 Results
Bain Capital Specialty Finance reports mixed Q3 results with asset growth and stable income, despite lower investment returns and increased debt.
Nov 7, 20242 min read


Private Credit Portfolio Analysis | Prospect Capital Reports Q1 2025 Results with NAV Decline
Prospect Capital reports Q1 2025 results with NAV decline to $8.10, net loss of $134.01M, and reduced investment portfolio value.
Nov 7, 20242 min read


Private Credit Portfolio Analysis | Ares Capital Reports Q3 Growth in Assets and Net Income
Ares Capital reports Q3 growth: assets up to $27.1B, NAV per share at $19.77, net income $394M amid active investment and financing.
Oct 30, 20242 min read


Private Credit Portfolio Analysis | Horizon Technology Finance Reports Mixed Q3 Results
Horizon Technology Finance reports mixed Q3 results with increased assets but lower NAV per share, amid portfolio growth and debt reduction.
Oct 30, 20242 min read


WSJ | Wall Street rushes to sell private credit to retail investors
Major investment firms including Apollo, BlackRock, and KKR are racing to launch private-credit ETFs and retail products, aiming to tap into
Oct 2, 20241 min read


Private Credit Portfolio Analysis | WhiteHorse Finance Reports Q3 2023 Results with Net Asset Value Decline
WhiteHorse Finance reports Q3 2023 results with NAV decline, increased investment activity, and higher unrealized depreciation on portfolio.
Nov 8, 20232 min read
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