What is private credit? Definition, market size, and how it works in 2026

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Trend Reports

Distressed

H1 2026 LME update — equity handovers eclipse coercive uptiers

This analysis breaks down every closed deal in the H1 2026 cohort by LME category, sector, and outcome, alongside a like-for-like comparison against H1 2025.

28 Jul 2027

| US

CLO

Perspectives on alternative credit with Reckoner Capital Management

The evolution of the UK’s Local Government Pension Scheme (LGPS) could unlock alternative credit opportunities. Join 9fin and alternative credit specialist Reckoner Capital Management for an afternoon of expert discussion and networking with the LGPS community, bringing together decision-makers and influencers for constructive challenge and debate.

8 Oct 2026

| Europe

News & Analysis

Distressed

Chapter 15 and the objecting creditors’ new playbook

We’re over halfway through 2026 and 9fin’s LME count is up to 25 with H1’s completed transactions — just above the 24 transactions recorded for the first half of 2025. When 9fin wrote about the rise of Chapter 15 as an enforcement mechanism for foreign restructurings, the US courts had signalled unease about engineered COMI and jurisdictional arbitrage. The comments would appear in the occasional dicta of a decision, but the recent opinion in New Fortress Energy has now provided a framework for scrutinizing petitions for Chapter 15 recognition.

28 Sept 2026

| Europe

| US

News & Analysis

Private Credit

Taking the Credit — The direct lending fundraising vindication

As the market heads back to school, some of Europe’s biggest fund managers — Bridgepoint, Hayfin and Tikehau — are returning with plenty of fresh cash to put to work.

4 Sept 2026

| Europe

Technical blog

Building scalable authentication and authorisation at 9fin

At 9fin, we’re scaling faster than ever before and are spinning up APIs internally for better decoupling and separation of concerns, while quickly introducing new product surfaces such as MCPs and agents. As our architecture evolved, this highlighted an opportunity to broaden our authentication capabilities beyond the core application supporting our web interface, which handled user-session verification in-app.

4 Sept 2026

| Global

9Questions

LevFin

9Questions — Philip Hertz and Melissa Coakley, Sidley Austin — The new kid on the block

Restructuring teams in law firms are growing rapidly. A key part of this expansion has been luring experienced lawyers from rival firms and offering them the opportunity to build up their own practice. US firms typically come with the financial and institutional wherewithals to support ambitious growth in Europe. For some seasoned partners, this combination proves tempting. Philip Hertz and Melissa Coakley joined Sidley Austin this July after decades at Clifford Chance.

2 Sept 2026

| Europe