(HedgeCo.Net) Private credit is starting 2026 the way it ended 2025: with scale—and with a growing spotlight on what that scale means for returns, liquidity, and risk. Over the past 48 hours, two developments have crystallized the story investors are watching most closely today: (1) a major direct-lending fund close that underscores relentless demand for private yield, and (2) another insurer–asset manager partnership that reinforces how annuity balance sheets are becoming one of private credit’...
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