Private Credit Funds Flock to Lenders After Lining Up Investors

Blue Owl, Silver Creek, Goldman and others seek subscription lines for their private credit funds

Amid the recent hubbub over the state of private credit, practitioners of the strategy are still raising capital for their investment funds. These funds in turn are using the capital commitments from investors as collateral for a new round of borrowing in the form of subscription credit lines, according to regulatory filings.