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Coverage

As of Nov 5, 11:52 AM ET

Private credit fund closes and launches, 2026

The largest only, ranked: private credit league table →

100 private credit fund closes and 2 launches reported in 2026, through November 4, 2026. The 64 final closes with a stated size total $185.1B. The largest final close is Hayfin’s Direct Lending Fund V at about $16.5B, first reported July 2, 2026.

Private credit news · week by week · first close and final close, defined

102 rows · Private credit, 2026
Fund closes10064 final
Raised in final closes$185.1Bstated sizes
Launches2strict subset
Firms90

Closes by month

Fund closes reported per month (first, interim and final), by the date of the first report. Counts of what the news reported, not of all fundraising. The table starts in March 2026.

Fund closes 100

Private credit fund closes and launches, 2026: closes
OpenFirmSizeOutlet
BlackstoneBlackstone European Senior Direct Lending Fund IV · Final close · Nov 4, 2026≈$14.9BPrivate Debt Investor+6
Northern Arc CapitalFund not named · First close · Nov 4, 2026$42.3M†Dealroom+1
Allianz Global InvestorsAllianz Infrastructure Credit Opportunities Fund II · Final close · Nov 3, 2026≈$1.7BIREI+1
Neo Alternative Asset ManagersNeo Special Credit Opportunities Fund-II · Final close · Nov 3, 2026≈$654MHedgeCo+4
GuarantcoALMA · Final close · Nov 3, 2026$100MCNBC Africa
Churchill Asset ManagementJunior Capital Opportunities Fund III · Final close · Nov 2, 2026$1.5BAlternative Credit Investor+4
Ares ManagementAres Senior Direct Lending Fund IV · First close · Oct 29, 2026$6BHedgeCo+3
ACOREACORE Opportunistic Credit II · Final close · Oct 29, 2026$1.1BPERE+7
PolusPolus Distressed Credit Fund II · Interim close · Oct 29, 2026$600MDealroom
Maycomb CapitalCommunity Outcomes Fund II · Final close · Oct 27, 2026$100MYahoo Finance
Ascertis CreditAscertis Credit Fund IV · Interim close · Oct 26, 2026$700M†AltAssets+1
Northwind GroupNorthwind Debt Fund III · Final close · Oct 21, 2026$1BAltAssets+7
AmundiAmundi Senior Private Debt V · First close · Oct 20, 2026≈$220MAlternative Credit Investor+1
BlueOrchardFund not named · First close · Oct 9, 2026$300MAfrica Private Equity News
Janus HendersonJanus Henderson MENA Private Credit Fund IV · Interim close · Oct 7, 2026$191MHedgeCo+2
ASK Alternates- · Interim close · Oct 6, 2026≈$60MBusinessLine+1
Oaktree Capital ManagementOaktree Asset-Backed Finance Fund (ABF I) · Final close · Oct 1, 2026$2BPrivate Equity Wire+9
AudaxAudax Direct Lending Solutions Fund III · Final close · Sep 30, 2026$5.4B†AltAssets+7
Fidelity InvestmentsFidelity Real Estate Debt Opportunities Fund II · Final close · Sep 29, 2026$451MAlternative Credit Investor
Cheyne CapitalCheyne Real Estate Credit Holdings (CRECH) IX – Capital Solutions · Final close · Sep 23, 2026≈$3.3B†Alternative Credit Investor+3
Kotak Alternate Asset ManagersKotak Yield & Growth Fund · Final close · Sep 23, 2026$522MHedgeCo+1
BlueOrchardBlueOrchard Climate Action Mobilisation Fund · First close · Sep 15, 2026$250MAlternative Credit Investor+6
HinesHines Rialto Credit Partners · Final close · Sep 14, 2026$1.1BPERE+5
Prime CapitalPrime Sustainable Infrastructure Debt Fund (PSIDEF) · Final close · Sep 10, 2026≈$335MAlternative Credit Investor+1
Intermediate Capital GroupICG Europe Fund IX · Final close · Sep 9, 2026≈$13.2BAlternative Credit Investor+2
AllianzGIAllianz Impact Private Credit · Final close · Sep 9, 2026≈$1.1BNew Private Markets
Pluto FinanceLending Vehicle VIII · Interim close · Sep 8, 2026≈$550MAlternative Credit Investor
BNP Paribas AM AltsEuropean Junior Infra Debt Fund II · Final close · Sep 7, 2026≈$1.3BInfrastructure Investor+1
Claret Capital PartnersClaret European Growth Capital Fund IV · Final close · Sep 7, 2026≈$484M†AltAssets+2
BalbecBalbec NPL Fund V · First close · Aug 29, 2026$560MPrivate Debt Investor
Granite AsiaLibra Hybrid · Final close · Aug 26, 2026$500MHedgeCo+1
Granite AsiaGranite Asia Pan-Asia Private Credit Fund · Interim close · Aug 26, 2026$100MPrivate Equity Wire
Modulus Alternatives Investment ManagersIndia Credit Opportunities Fund III · First close · Aug 26, 2026≈$37MHedgeCo+6
Edge GrowthEdge Growth Venture Debt Fund · First close · Aug 24, 2026≈$19M†Portal ERP+4
Crestline ManagementCrestline European Capital Solutions Fund II · Final close · Aug 20, 2026$625MAlternative Credit Investor+2
Prospect RidgeProspect Ridge Real Estate Debt Fund II · Final close · Aug 19, 2026$800MPERE
Northleaf Capital PartnersNorthleaf Asset-Based Specialty Finance Fund · Final close · Aug 18, 2026$450MAlternative Credit Investor+3
Ninety OneAfrica Credit Opportunities Fund 3 · Final close · Aug 18, 2026$404MAlternative Credit Investor+4
Urban PartnersFund not named · First close · Aug 17, 2026≈$220MPERE+4
Homestead CapitalHomestead Capital Agriculture Private Credit Fund · First close · Aug 14, 2026$150M†Alternative Credit Investor+12
Polar Asset Management PartnersCRS Fund-II · First close · Aug 11, 2026$215MPrivate Equity Wire+1
OnexOnex Structured Credit Opportunities Fund II · Final close · Aug 7, 2026$500MAlternative Credit Investor+1
BridgepointBridgepoint European Direct Lending Fund IV · Final close · Aug 3, 2026≈$5.6BPrivate Equity Wire+4
Manulife I ComvestComvest Credit Partners VII · Final close · Aug 3, 2026$5.4BPrivate Debt Investor+2
Channel Capital AdvisorsChannel Capital Cornic · First close · Jul 28, 2026$200Mffnews.com
Tikehau CapitalEuropean Direct Lending Fund VI · Final close · Jul 24, 2026≈$5.7BAlternative Credit Investor+3
GoldenTree Asset ManagementPrivate Credit Fund II · Final close · Jul 20, 2026$2.8BAlternative Credit Investor+4
IPFFund not named · Final close · Jul 16, 2026≈$265MPrivate Debt Investor
Sagard Credit PartnersSagard Credit Partners III · First close · Jul 15, 2026$1BPrivate Equity Wire+3
Sundaram AlternatesFund not named · Final close · Jul 10, 2026≈$145MCafemutual
Santander Alternative InvestmentsAsset Backed Corporate Lending Fund II · First close · Jul 7, 2026≈$165MAlternative Credit Investor
Incus CapitalEuropean Credit Fund V · Interim close · Jul 3, 2026≈$560MAlternative Credit Investor
HayfinDirect Lending Fund V · Final close · Jul 2, 2026≈$16.5BWSJ+4
Orbit CapitalGrowth Debt II · Interim close · Jul 2, 2026≈$117MAlternative Credit Investor+1
Allianz Global InvestorsAllianz Global Investors Asia Pacific Private Credit Fund · First close · Jun 23, 2026$744MPrivate Equity Wire+6
Muzinich & CoFund not named · Interim close · Jun 15, 2026≈$1.5BPrivate Equity Wire
HSBC Asset ManagementNAV Financing Partnership Strategy · First close · Jun 15, 2026$1BAlternative Credit Investor
HSBC Asset ManagementHSBC AM second UK direct lending fund · Final close · Jun 5, 2026$2BAlternative Credit Investor+1
Crescent Capital GroupCrescent Direct Lending Fund IV · Final close · Jun 3, 2026$10.8BPensions & Investments+5
EurazeoEurazeo Private Debt VII · Final close · Jun 2, 2026≈$4.3BPitchBook+4
PembertonCredit Opportunities IV · Final close · May 28, 2026≈$3.7BPrivate Debt Investor+3
AHL Venture PartnersAHL Africa Credit Fund · First close · May 26, 2026$30.5MAltAssets+2
Sundaram AlternatesSundaram Alternates Real Estate Credit Fund V · Final close · May 22, 2026≈$300MRealty Today+1
Granite CreekFund not named · Final close · May 21, 2026$29MAgri Investor
Pentagreen CapitalGreen Investments Partnership (GIP) · Interim close · May 20, 2026$800MAlternative Credit Investor+1
Avante Capital PartnersSBIC Fund IV · Final close · May 20, 2026$400MAlternative Credit Investor
Stellus Capital ManagementStellus Credit Fund IV · Final close · May 19, 2026$1.5BAlternative Credit Investor+4
Qualitas FundsFund not named · Final close · May 19, 2026≈$55Mcapital-riesgo.es
Antares Capital AdvisersAntares Senior Loan Fund III · Final close · May 12, 2026$8.5BPensions & Investments+4
BNP Paribas AMEnhanced Commercial Real Estate Debt Fund (incl. co-investment vehicles) · Final close · May 12, 2026≈$3.3BPERE
S3 CapitalS3 LB RE Credit Fund III · Final close · May 7, 2026$1.3BAlternative Credit Investor+2
S3 CapitalS3 LB RE Credit Fund III · Final close · May 7, 2026$850MPERE+1
ApolloApollo Hybrid Value Fund III · Final close · May 5, 2026$6.5BPrivate Debt Investor+3
ApolloApollo Liquid Credit Fund · Final close · May 4, 2026$1.9BPrivate Debt Investor+1
Crescent Cove AdvisorsCrescent Cove Fund IV · Final close · Apr 30, 2026$446MPrivate Debt Investor+1
Silver Rock Capital PartnersSilver Rock Capital Partners Tactical Allocation · Final close · Apr 29, 2026$4BAltAssets+1
Primary WavePrimary Wave Music Royalties Fund IV · Final close · Apr 29, 2026$2.2BPrivate Debt Investor
AllianzGIAllianzGI Asia Infrastructure Credit Fund · First close · Apr 27, 2026$270MAlternative Credit Investor+4
CVC Credit PartnersCVC Cordatus Loan Fund XIX · Interim close · Apr 20, 2026≈$483MAlternative Credit Investor
GoldenTree Asset ManagementGoldenTree Tactical Opportunities Fund · Final close · Apr 16, 2026$3BAltAssets
Comvest PartnersComvest Credit Partners VII · Final close · Apr 16, 2026$2.6BPrivate Debt Investor
Carlyle GroupCarlyle Asset-Backed Income Fund · First close · Apr 15, 2026$1.5BPrivate Equity Wire+1
Pollen StreetCredit Fund IV · Final close · Apr 9, 2026≈$3.2BPrivate Debt Investor+1
BlackstoneBlackstone Capital Opportunities Fund V · Final close · Apr 7, 2026$10BPensions & Investments+7
L Squared Capital PartnersL Squared Capital Partners Fund V · Final close · Apr 2, 2026$2BBusiness Wire
Mandatum Asset ManagementMandatum Credit Opportunities II · First close · Apr 2, 2026≈$330MAlternative Credit Investor+1
Ares ManagementAres Special Opportunities Fund III · Final close · Apr 1, 2026$8.3B†Pensions & Investments+6
17CapitalCredit Fund 2 · Final close · Mar 31, 2026$7.5BPrivate Equity Wire+4
OICCredit Opportunities Fund IV · Final close · Mar 31, 2026$1.6BBusiness Wire
BlackRockBlackRock HPS Junior Capital Fund · Interim close · Mar 18, 2026$6.6BPrivate Debt Investor
EOS InvestorsEOS Hotel Credit Strategy · First close · Mar 18, 2026$150MAlternative Credit Investor
Silvercourt Capital PartnersFund not named · Final close · Mar 11, 2026≈$147MAlternative Credit Investor+1
Copenhagen Infrastructure PartnersGreen Credit fund II · First close · Mar 10, 2026≈$1.5BAltAssets+5
Eagle PointDefensive Income Fund III · Final close · Mar 10, 2026$559MPrivate Debt Investor+1
Aikyam CapitalFund not named · First close · Mar 10, 2026≈$24.6Myourstory.com+2
Truelink CapitalTruelink Fund II · Final close · Mar 9, 2026$2BWSJ+4
360 ONE AssetFund not named · Final close · Mar 9, 2026$400MAlternative Credit Investor
Avila Real Estate CapitalFund not named · Interim close · Mar 9, 2026$200MIREI+2
Sound Point Capital ManagementStrategic Capital Fund III · Final close · Mar 5, 2026$1.5BAlternative Credit Investor+1
Walker & Dunlop Investment PartnersFund not named · Final close · Mar 2, 2026$168MYahoo Finance+1

Fund launches 2

Private credit fund closes and launches, 2026: launches
OpenFirmSize, sorted descendingOutlet
Intermediate Capital GroupSenior Debt Partners VI · Launch · Sep 14, 2026≈$17.4BtargetPrivate Equity Wire
Finance EarthAfrica Nature Impact Fund · Launch · Oct 13, 2026$100MtargetInnovation Village+2

Most capital in final closes

Firms with the most capital in private credit final closes, 2026
FirmFinal closesStated sizes
Blackstone2$24.9B
Hayfin1$16.5B
Intermediate Capital Group1$13.2B
Crescent Capital Group1$10.8B
Antares Capital Advisers1$8.5B
Apollo2$8.4B
Ares Management1$8.3B
17Capital1$7.5B
GoldenTree Asset Management2$5.8B
Tikehau Capital1$5.7B

Managers only: the table holds no service firms. Added up from the final closes above with a stated size.

About these rows

  • Fund closes and launches reported in the news since March 2026, one row per fund event, dated by its first report (New York time). Not a census of every fund.
  • Every fund close we have covered since March 2026, with firm, fund, size, asset class, region, date and source. Our last source check found a field wrong in about a third of sampled rows, mostly fund names, and we fix them as they are found.
  • Launches: A strict subset: only reports that state a target. More as our checks allow.
  • Sizes in US dollars; ≈ converted from another currency at the time of the report; † the reports also give a higher figure, and the lower one is shown. A launch’s figure is its stated target. Final closes are added up on their own: a first or interim close is often the same money again.
  • Newest row: November 4, 2026.

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