Private credit

A white paper by Carlyle AlpInvest estimates there was $20bn of credit secondaries dry powder at the start of 2026, offering six to nine months of deployment runway at current deal velocity.

Luxembourg-based APS Holding sees opportunity to acquire leftovers of larger portfolios from their original buyers.

The deal will see up to €1bn of investment to grow Oaktree’s European direct lending platform.

The firm, which was founded by Mantra Investment Partners’ former head of secondaries, Fabrice Moyne, exceeded the vehicle’s target by 20%.

Secondaries Investor’s latest CV deal log shows activity broadening across segments, transaction types and asset classes.

The firm’s inaugural European senior debt fund was launched through an innovative secondaries process backed by Carlyle AlpInvest.

The portfolio is being sold to a newly formed joint venture established between funds managed by Arrow Global Group and Fortress Investment Group.

Singapore-based partner Audrey The sees fast growth in the investment advisory firm’s wealthy client base in Asia and a continued rise in new allocations to private credit.

Following the announcement of Lazard’s agreed acquisition of Campbell Lutyens, future co-CEOs Holcombe Green and Gordon Bajnai discuss what to expect once the deal closes.

The $575m deal will create a specialised private capital advisory platform, Lazard CL, with Holcombe Green and Gordon Bajnai named as co-CEOs.