There have been a lot of headlines in recent weeks around the private credit markets, particularly as it relates to funds called BDCs (Business Development Companies). BDCs are pools of private loans made primarily to small to mid-sized businesses. Following the Great Financial Crisis in 2009, lending to these companies dried up from traditional banking institutions and the private credit markets filled the void. Companies like KKR, Apollo, Blackstone, Bain, New Mountain, Jefferies, Blue Owl, and many others have raised … Continue reading February 2026 Private Credit Update