Alternative Credit Investor

The sector outlook for business development companies (BDCs) is “deteriorating” amid a decline in asset quality metrics and “elevated” redemption pressure for perpetually non-traded BDCs, according to Fitch Ratings. Expectations for ongoing pressure on net investment income and dividend coverage are also weighing on its outlook, the ratings agency said.  Fitch ca...

Fund registrations in the Cayman Islands climbed above 31,000 in the first half of 2026, as private funds registrations reached a record high, according to new data. Cayman Finance reported that there were 547 new funds added during the six-month period to bring the total number of regulated funds domiciled in the Cayman Islands to […]

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A spike in European leveraged loan yields and spread widening are starting to “cloud the outlook” for private credit, according to Morningstar. Yields, which had been declining since their 2023 peak, have “reversed course” in 2026, Morningstar revealed in its ‘European Asset Managers: 2026 Q3’ report.  Morningstar said that yield curve steepening and spread widen...

Emerging markets alternatives manager Gemcorp Capital has made its first direct lending transaction in Saudi Arabia, having closed a Shariah-compliant structured financing at $20m (£14.9m) to support B2B ecommerce fintech SILQ. Gemcorp said the proceeds of the $20m facility will be deployed via SILQ’s embedded finance solution Fina to expand access to invoice financin...

KKR has led investment in a A$400m (£207.3m) financing solution for Australian petroleum company Ampol through its Asia Pacific Credit strategy and insurance platform. KKR’s Asia Pacific credit platform draws on its private markets investment capabilities to provide bespoke solutions to high-quality companies, entrepreneurs and sponsors. Read more: KKR continues to in...