But their shrinking share of deals doesn’t mean direct lenders are pulling back from private equity, yet.

The country’s 10th-largest commercial bank wants to expand the scope of its lending business, which targets midsize PE-backed companies.

Publicly traded BDCs have been increasingly returning capital to investors through share buybacks instead of investing it in loans.

The European Private Credit Monitor provides a high-level view of private credit market activity. Topics covered include counts and estimated volume, spread distribution and leverage.

The US Private Credit Monitor provides a high-level view of private credit market activity. Topics covered include estimated volume and counts, spread distribution, syndicated and direct lending takeouts, and middle market CLO issuance.

The transaction is one of the largest European direct-lending deals this year, sources say.

The leveraged loan, direct lending and high-yield bond markets are at risk of wider credit spreads.

The European Private Credit Monitor provides a high-level view of private credit market activity. Topics covered include counts and estimated volume, spread distribution and leverage.

The US Private Credit Monitor provides a high-level view of private credit market activity. Topics covered include estimated volume and counts, spread distribution, syndicated and direct lending takeouts, and middle market CLO issuance.

This is the latest vehicle in the asset class to see heightened investor demands for liquidity.

Europe’s market has been more sheltered from the AI-driven shock than its US counterpart.

The Q1 2026 US Evergreen Fund Landscape report covers the rapid rise of evergreen funds, providing data and insights on assets, flows, returns, and more.

Already several private credit funds have tapped secondary markets as redemption requests surge.

Discussions at the SuperReturn Private Credit Europe event highlighted a more cautious outlook for the asset class and M&A activity, market participants say private credit is now entering a more complex phase, with investors becoming more selective —

The European Private Credit Monitor provides a high-level view of private credit market activity. Topics covered include counts and estimated volume, spread distribution and leverage.

The chair of Partners Group says private credit defaults could double in the next few years.

Europe’s pipeline highlights how laborious deal-making has become.

These complex financings can mask underlying liabilities, Moody’s warns.