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Arcmont Asset Management

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Namestring
Arcmont Asset Management
Legal namestring
Arcmont Asset Management
Websiteurl
arcmont-am.com
Company typeenum
Private
Founded yearint
2019
Descriptiontext

Arcmont Asset Management is a London-headquartered European private credit asset manager that provides direct lending, complex credit, and capital solutions to European businesses and private equity sponsors. Founded in 2019 as a spin-out from BlueBay's private debt business and majority-owned by Nuveen since 2023, the firm operates as part of Nuveen Private Capital alongside Churchill Asset Management in the US. Since inception Arcmont has raised approximately €40 billion and committed €39 billion across its direct lending funds, the Capital Solutions series (focused on complex credits, junior capital, and market dislocations), and credit secondaries strategies. The firm targets institutional limited partners including pension funds, endowments, insurance companies, family offices, and sovereign wealth funds across North America, Europe, and Asia.

Arcmont's product suite comprises three primary strategies: flagship direct lending funds that originate private credit loans to companies (third fund closed at €6bn in 2019), the Capital Solutions Fund series that provides bespoke financing for complex credits, junior capital, and dislocations to European PE sponsors, and a credit secondaries capability developed in partnership with Ares Management. Notable transactions include a €1.1 billion co-financed facility with Ares backing Cegid's acquisition of fintech Shine, a €25 million co-investment with HPS in Dainese, and a $2.2 billion continuation vehicle secondary sale led by Ares with Pantheon as co-buyer. The firm employs 101–250 staff and is led by CEO Anthony Fobel.

The firm generates revenue through fund management fees on assets under management, carried interest on fund performance, and direct lending interest income on originated loans. Distribution is relationship-based and direct, with no retail or public channels, though the October 2025 launch of a Nuveen European private credit fund for individual investors signals a new channel. Arcmont does not publicly disclose management fee rates, performance fee terms, or minimum investment thresholds, and pricing is negotiated fund-by-fund with institutional investors.

Short descriptiontext

Arcmont Asset Management is a London-based European private credit asset manager majority-owned by Nuveen, providing direct lending, complex credit, and capital solutions to European businesses and private equity sponsors, serving institutional investors globally with €40bn raised since inception.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersLondon, United Kingdom
HQ citystring
London
HQ countrystring
United Kingdom
HQ regionstring
Europe
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
private credit lending, direct lending funds, institutional credit solutions, private debt management, asset management services
Industry2 codes
1Insurance General Accounts (Institutional Asset Owners)
CodeFSAAAGAGPrimaryYes
2Venture Debt Providers
CodeFSANAAALPrimaryNo
NAICS code3 codes
  • Portfolio Management and Investment Advice523940
  • Portfolio Management and Investment Advice52394
  • Other Investment Pools and Funds5259
SIC code2 codes
  • Investment Advice6282
  • Miscellaneous Business Credit Institution6159
Product category
Private Credit Asset Management
Social media profiles2 records
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model3 records
1Fund Management Fees
TypeSubscription Recurring
Description

Arcmont generates revenue through management fees charged on assets under management across its direct lending funds, capital solutions funds, and NAV strategies. The firm manages private credit portfolios for institutional investors.

businesswire.com
2Performance/Carried Interest
TypeLicensing Royalties
Description

The firm earns carried interest on investment returns generated for limited partners in its private credit and direct lending funds, aligning manager and investor incentives.

businesswire.com
3Direct Lending Income
TypeTransaction Fee
Description

Arcmont originates and provides direct loans to portfolio companies, earning interest income and fees on private credit transactions such as the €1.1 billion facility for Cegid's acquisition of Shine.

pitchbook.com
Marketing channels2 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Marketing or Sales, Technology or R&D, Others
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Arcmont Asset Management is a European private credit and direct lending firm that originates and manages private debt funds for institutional investors. It provides senior secured direct loans, complex credit solutions, junior capital, and credit secondary transactions, deploying capital raised from pension funds, endowments, insurers, family offices, and sovereign wealth funds into sponsor-backed European companies. The firm has raised approximately €40 billion and committed €39 billion in investments since its 2019 spinout from BlueBay.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • €40 billion raised and €39 billion invested since inception
+2 more records
Product overview1 text field

Arcmont Asset Management is a European direct lender and private credit asset manager offering a suite of investment strategies. The firm operates direct lending funds for private credit loans, the Capital Solutions Fund series targeting complex credits and junior capital opportunities, and credit secondaries for liquidity solutions. The products serve institutional investors including pension funds, endowments, insurance companies, family offices, and sovereign wealth funds, providing bespoke financing for sponsor-backed transactions and market dislocations.

Product and service3 records
1Capital Solutions Fund II
CategoryPrivate Credit Fund
Description

A closed-end private credit fund focused on originating bespoke financing for complex credits, junior capital, and market dislocations targeting European private equity sponsors. The fund raised approximately €1.5 billion at final close in February 2026, nearly doubling its predecessor fund, and is approximately 55% committed across more than 20 investments spanning constructive refinancing, liquidity solutions, and complex private lending to healthy companies. Targets institutional investors including pension funds, endowments, insurance companies, family offices, and sovereign wealth funds.

2Direct Lending Funds
CategoryPrivate Credit Fund
Description

European direct lending strategies that provide senior secured private credit loans to sponsor-backed and quality companies across Europe. Arcmont manages multiple direct lending fund vintages, with its third direct-lending fund closing in 2019 at €6 billion in commitments. The strategies are available to institutional limited partners and have collectively supported Arcmont's deployment of approximately €39 billion in commitments since inception.

3Credit Secondaries
CategoryPrivate Credit Secondary Transactions
Description

Secondary market transactions for private credit portfolios that allow fund managers to extend holding periods of loans and provide liquidity solutions to investors. Arcmont executed a $2.2 billion continuation vehicle with Ares as primary buyer and Pantheon as a significant buyer to extend the holding period of loans from its third direct-lending fund, demonstrating capability in this market segment.

Scale indicator8 records

Each record includes

Type, Value, Description, Source

Recent move9 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Ares is the largest US private credit manager with deep European direct lending presence. It is both Arcmont's co-originator on the €1.1bn Cegid/Shine financing and the primary buyer of Arcmont's $2.2bn continuation vehicle, making it the closest operational peer and most strategically intertwined competitor.

TypeDirect peer
Description

HPS is a leading global private credit manager that co-invested with Arcmont in Dainese's debt-for-equity restructuring. It competes directly in European direct lending, complex credit, and special situations, with comparable fund sizes and LP bases.

TypeDirect peer
Description

Pemberton is a London-headquartered European direct lending specialist managing multi-billion-euro funds for institutional investors. It competes head-to-head with Arcmont for European sponsor-backed mid-to-large-cap financings.

TypeDirect peer
Description

ICG is a UK-listed alternative asset manager with a substantial European private credit franchise including direct lending, mezzanine, and special situations funds. It targets a similar institutional LP base and is a direct competitor for European sponsor-backed deals.

TypeDirect peer
Description

Bridgepoint Credit is the European private credit arm of Bridgepoint, a major European private equity firm. It focuses on direct lending to mid-market European companies, overlapping materially with Arcmont's core origination strategy.

TypeBroad incumbent
Description

Apollo is one of the world's largest alternative asset managers with a multi-strategy credit franchise spanning direct lending, asset-backed credit, and hybrid solutions. It has been expanding its European private credit footprint and competes for marquee sponsor-backed financings.

TypeBroad incumbent
Description

Blackstone Credit is the credit arm of Blackstone, the largest global alternative asset manager. It offers direct lending, mezzanine, and private credit solutions to corporate borrowers and competes with Arcmont on larger European deals with deeper balance sheet flexibility.

TypeBroad incumbent
Description

KKR operates a global credit franchise including direct lending, special situations, and credit secondaries. KKR's European private credit business competes with Arcmont for sponsor-backed financings and is also active in the credit secondaries market.

TypeBroad incumbent
Description

Carlyle Credit manages US and European private credit funds with a focus on direct lending, opportunistic credit, and asset-backed financing. It competes with Arcmont for European sponsor-backed mid-to-large-cap transactions.

TypeEmerging player
Description

Sixth Street is a global investment firm with significant private credit capabilities including direct lending, credit secondaries, and structured credit. It is an emerging player in European credit secondaries and competes with Arcmont on select financings and continuation vehicles.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks7 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers3 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles12 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment6 records

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Arcmont Asset Management

Private Credit Asset Managementarcmont-am.com

Arcmont Asset Management is a London-based European private credit asset manager majority-owned by Nuveen, providing direct lending, complex credit, and capital solutions to European businesses and private equity sponsors, serving institutional investors globally with €40bn raised since inception.

What Arcmont Asset Management does

Arcmont Asset Management is a London-headquartered European private credit asset manager that provides direct lending, complex credit, and capital solutions to European businesses and private equity sponsors. Founded in 2019 as a spin-out from BlueBay's private debt business and majority-owned by Nuveen since 2023, the firm operates as part of Nuveen Private Capital alongside Churchill Asset Management in the US. Since inception Arcmont has raised approximately €40 billion and committed €39 billion across its direct lending funds, the Capital Solutions series (focused on complex credits, junior capital, and market dislocations), and credit secondaries strategies. The firm targets institutional limited partners including pension funds, endowments, insurance companies, family offices, and sovereign wealth funds across North America, Europe, and Asia.

Arcmont's product suite comprises three primary strategies: flagship direct lending funds that originate private credit loans to companies (third fund closed at €6bn in 2019), the Capital Solutions Fund series that provides bespoke financing for complex credits, junior capital, and dislocations to European PE sponsors, and a credit secondaries capability developed in partnership with Ares Management. Notable transactions include a €1.1 billion co-financed facility with Ares backing Cegid's acquisition of fintech Shine, a €25 million co-investment with HPS in Dainese, and a $2.2 billion continuation vehicle secondary sale led by Ares with Pantheon as co-buyer. The firm employs 101–250 staff and is led by CEO Anthony Fobel.

The firm generates revenue through fund management fees on assets under management, carried interest on fund performance, and direct lending interest income on originated loans. Distribution is relationship-based and direct, with no retail or public channels, though the October 2025 launch of a Nuveen European private credit fund for individual investors signals a new channel. Arcmont does not publicly disclose management fee rates, performance fee terms, or minimum investment thresholds, and pricing is negotiated fund-by-fund with institutional investors.

Arcmont Asset Management firmographics

Firmographics
Name
Arcmont Asset Management
Legal name
Arcmont Asset Management
Website
https://arcmont-am.com
Company type
Private
Founded year
2019
Operating status
Operating
Headcount range
101–250 employees
Short description
Arcmont Asset Management is a London-based European private credit asset manager majority-owned by Nuveen, providing direct lending, complex credit, and capital solutions to European businesses and private equity sponsors, serving institutional investors globally with €40bn raised since inception.
Ownership category
akta.pro rank

Arcmont Asset Management industry classification

Industry
Product category
Private Credit Asset Management
NAICS
Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394), Other Investment Pools and Funds (5259)
SIC
Investment Advice (6282), Miscellaneous Business Credit Institution (6159)
akta.pro primary industry
Insurance General Accounts (Institutional Asset Owners) (FSAAAGAG)
akta.pro secondary industry
Venture Debt Providers (FSANAAAL)

Keywords

  • Private credit lending
  • Direct lending funds
  • Institutional credit solutions
  • Private debt management
  • Asset management services

Where Arcmont Asset Management is headquartered

Location

Headquarters

HQ city
London
HQ country
United Kingdom
HQ region
Europe

Offices1 record

Markets served

Arcmont Asset Management business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

  1. Fund Management Fees: Arcmont generates revenue through management fees charged on assets under management across its direct lending funds, capital solutions funds, and NAV strategies. The firm manages private credit portfolios for institutional investors.
  2. Performance/Carried Interest: The firm earns carried interest on investment returns generated for limited partners in its private credit and direct lending funds, aligning manager and investor incentives.
  3. Direct Lending Income: Arcmont originates and provides direct loans to portfolio companies, earning interest income and fees on private credit transactions such as the €1.1 billion facility for Cegid's acquisition of Shine.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels2 records

Arcmont Asset Management product offering

Product offering

Core offering

Arcmont Asset Management is a European private credit and direct lending firm that originates and manages private debt funds for institutional investors. It provides senior secured direct loans, complex credit solutions, junior capital, and credit secondary transactions, deploying capital raised from pension funds, endowments, insurers, family offices, and sovereign wealth funds into sponsor-backed European companies. The firm has raised approximately €40 billion and committed €39 billion in investments since its 2019 spinout from BlueBay.

Product overview

Arcmont Asset Management is a European direct lender and private credit asset manager offering a suite of investment strategies. The firm operates direct lending funds for private credit loans, the Capital Solutions Fund series targeting complex credits and junior capital opportunities, and credit secondaries for liquidity solutions. The products serve institutional investors including pension funds, endowments, insurance companies, family offices, and sovereign wealth funds, providing bespoke financing for sponsor-backed transactions and market dislocations.

Differentiator

Problem solved

Functional benefit

Products and services

  • Capital Solutions Fund II A closed-end private credit fund focused on originating bespoke financing for complex credits, junior capital, and market dislocations targeting European private equity sponsors. The fund raised approximately €1.5 billion at final close in February 2026, nearly doubling its predecessor fund, and is approximately 55% committed across more than 20 investments spanning constructive refinancing, liquidity solutions, and complex private lending to healthy companies. Targets institutional investors including pension funds, endowments, insurance companies, family offices, and sovereign wealth funds.
  • Direct Lending Funds European direct lending strategies that provide senior secured private credit loans to sponsor-backed and quality companies across Europe. Arcmont manages multiple direct lending fund vintages, with its third direct-lending fund closing in 2019 at €6 billion in commitments. The strategies are available to institutional limited partners and have collectively supported Arcmont's deployment of approximately €39 billion in commitments since inception.
  • Credit Secondaries Secondary market transactions for private credit portfolios that allow fund managers to extend holding periods of loans and provide liquidity solutions to investors. Arcmont executed a $2.2 billion continuation vehicle with Ares as primary buyer and Pantheon as a significant buyer to extend the holding period of loans from its third direct-lending fund, demonstrating capability in this market segment.

Quantifiable outcome

  • €40 billion raised and €39 billion invested since inception
  • +2 more outcomes

Companies that use Arcmont Asset Management

Customer profile

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Arcmont Asset Management technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Arcmont Asset Management partnerships and signals

Strategic signal

Scale indicators8 records

Recent moves9 records

Expansion highlights6 records

Arcmont Asset Management competitors and assessment

Company assessment

Direct peers

  • Ares Management Corp: Ares is the largest US private credit manager with deep European direct lending presence. It is both Arcmont's co-originator on the €1.1bn Cegid/Shine financing and the primary buyer of Arcmont's $2.2bn continuation vehicle, making it the closest operational peer and most strategically intertwined competitor.
  • HPS Investment Partners: HPS is a leading global private credit manager that co-invested with Arcmont in Dainese's debt-for-equity restructuring. It competes directly in European direct lending, complex credit, and special situations, with comparable fund sizes and LP bases.
  • Pemberton Asset Management: Pemberton is a London-headquartered European direct lending specialist managing multi-billion-euro funds for institutional investors. It competes head-to-head with Arcmont for European sponsor-backed mid-to-large-cap financings.
  • Intermediate Capital Group (ICG): ICG is a UK-listed alternative asset manager with a substantial European private credit franchise including direct lending, mezzanine, and special situations funds. It targets a similar institutional LP base and is a direct competitor for European sponsor-backed deals.
  • Bridgepoint Credit: Bridgepoint Credit is the European private credit arm of Bridgepoint, a major European private equity firm. It focuses on direct lending to mid-market European companies, overlapping materially with Arcmont's core origination strategy.

Broad incumbents

  • Apollo Global Management: Apollo is one of the world's largest alternative asset managers with a multi-strategy credit franchise spanning direct lending, asset-backed credit, and hybrid solutions. It has been expanding its European private credit footprint and competes for marquee sponsor-backed financings.
  • Blackstone Credit: Blackstone Credit is the credit arm of Blackstone, the largest global alternative asset manager. It offers direct lending, mezzanine, and private credit solutions to corporate borrowers and competes with Arcmont on larger European deals with deeper balance sheet flexibility.
  • KKR Credit: KKR operates a global credit franchise including direct lending, special situations, and credit secondaries. KKR's European private credit business competes with Arcmont for sponsor-backed financings and is also active in the credit secondaries market.
  • Carlyle Credit: Carlyle Credit manages US and European private credit funds with a focus on direct lending, opportunistic credit, and asset-backed financing. It competes with Arcmont for European sponsor-backed mid-to-large-cap transactions.

Emerging players

  • Sixth Street Partners: Sixth Street is a global investment firm with significant private credit capabilities including direct lending, credit secondaries, and structured credit. It is an emerging player in European credit secondaries and competes with Arcmont on select financings and continuation vehicles.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Arcmont Asset Management social profiles

Digital presence

Arcmont Asset Management financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Arcmont Asset Management leadership team

Management profile

Number of profiles

Profiles12 records

Arcmont Asset Management funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Arcmont Asset Management M&A and investment

M&A and investment

M&A

Investments6 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Arcmont Asset Management

What does Arcmont Asset Management do?

Arcmont Asset Management is a European private credit and direct lending firm that originates and manages private debt funds for institutional investors. It provides senior secured direct loans, complex credit solutions, junior capital, and credit secondary transactions, deploying capital raised from pension funds, endowments, insurers, family offices, and sovereign wealth funds into sponsor-backed European companies. The firm has raised approximately €40 billion and committed €39 billion in investments since its 2019 spinout from BlueBay.

Is Arcmont Asset Management a public or private company?

Arcmont Asset Management is a private company. It is classified as corporate owned and is currently operating.

When was Arcmont Asset Management founded?

Arcmont Asset Management was founded in 2019. It employs 101 to 250 people.

Where is Arcmont Asset Management based?

Arcmont Asset Management is headquartered in London, United Kingdom, in the Europe region.

How does Arcmont Asset Management make money?

Three revenue lines are on record. Fund Management Fees are the primary driver. The others are performance/Carried Interest and direct Lending Income.

Who are Arcmont Asset Management's main competitors?

Direct peers on record are Ares Management Corp, HPS Investment Partners, Pemberton Asset Management, Intermediate Capital Group (ICG) and Bridgepoint Credit. Broad incumbents are Apollo Global Management, Blackstone Credit, KKR Credit and Carlyle Credit. Sixth Street Partners is listed as an emerging player.

Does Arcmont Asset Management have an API?

No public API is recorded for Arcmont Asset Management.

What industry is Arcmont Asset Management in?

Arcmont Asset Management's product category is Private Credit Asset Management. Its primary akta.pro industry code is FSAAAGAG, Insurance General Accounts (Institutional Asset Owners), with a secondary code of FSANAAAL, Venture Debt Providers. Its NAICS code is 523940 and its SIC code is 6282.

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Live signals
The future of tradingArcmont Benelux head Sallaerts discusses investment strategy at Amsterdam panelArcmont's Head of Benelux, Jorg Sallaerts, spoke at a Private Equity Insights panel in Amsterdam on investment strategies. The discussion covered market dynamics, investment opportunities, and decision-making factors in a shifting environment.PrivateequitywireAlternative Views with Arcmont’s Marcus Maier-KrugArcmont Asset Management's Marcus Maier-Krug discusses European private credit in an interview, covering diversification, concentration risk, performance concerns, and evergreen funds. The firm was acquired by Nuveen in 2023, and the conversation also addresses how Arcmont has utilized Nuveen's platform.Alternative Credit InvestorAustralian investors commit A$705m to European direct lendingAustralian investors, including Brighter Super and Jana Private Credit Trust, committed A$705m to European direct lending via Arcmont Asset Management. The capital targets senior-secured, unitranche, and subordinated loans in European mid and upper-mid-market companies, focusing on non-cyclical sectors. The deal follows Australia's Jana launching its private credit trust.Alternative Credit InvestorJana launches private credit trust for wholesale marketAustralian investment adviser Jana has launched a private credit trust for wholesale investors, with funds under management already exceeding A$270m. The trust pools capital to access global private credit, targeting core middle-market corporate direct lending across the US and Europe via customised mandates with Arcmont and Jefferies Credit Partners. Jana Investment Trusts, operating since 1994, manage about A$18.8bn across 25 trusts.ThemiddlemarketChurchill Launches Capital Solutions Strategy, Taps Noah Charney to LeadChurchill Asset Management launched its Capital Solutions strategy, appointing Noah Charney as managing director and head of the new unit to lead senior secured investments. The strategy, supported by a capital commitment from parent company TIAA and leveraging Arcmont Asset Management’s European platform, targets middle-market companies requiring flexible financing structures. Robin Russell also joined the team as a managing director to focus on underwriting and structuring these complex investment opportunities.ION AnalyticsEuropean direct lending activity on pace for record year despite 2Q slowdown, stiff BSL competition – 1H26 European Direct Lender RankingsEuropean direct lending volumes reached a record EUR 63.16bn in the first half of 2026, despite a 25% quarterly contraction in Q2 driven by stiff competition from the resurgent broadly syndicated loan market. Debtwire's rankings highlight Ares as the top lender by deal count, while Apollo, Arcmont, and Goldman Sachs tied for leadership in large-cap transactions.Gulf TimesPrivate markets titans fight back in court of public opinionPrivate capital executives at SuperReturn in Berlin defended the industry against media criticism, claiming problems are perception rather than reality. They cited $1.8tn private credit and $3.8tn unsold private equity assets, and noted withdrawal gating. Some managers warned of a bumpy road for firms with reckless portfolios.PitchBookArcmont set to close fifth direct-lending fund at over €15BArcmont Asset Management is closing its fifth direct-lending fund at roughly €15-17 billion, following a €10 billion fund in 2024. The firm has raised about €11 billion for the strategy and deployed 70% of it, aiming to close the new fund by year-end.PrivateequitywirePrivate credit fundamentals remain strong despite market anxiety, says Arcmont CEOArcmont CEO Anthony Fobel said institutional confidence in private credit remains strong despite recent volatility, citing low default rates and steady institutional allocations. He attributed redemption pressures to retail discomfort with illiquidity, not deteriorating fundamentals. He projected the market could grow from $1.8tn to €4tn by 2030.Investing.comhttps://in.investing.com/news/economy-news/arcmont-ceo-says-private-credit-fundamentals-remain-strong-5444029Arcmont Asset Management CEO Anthony Fobel stated at the SuperReturn conference in Berlin that private credit portfolios continue to show low default rates despite recent retail investor withdrawals, questioning whether the industry should pursue retail investors for an illiquid asset class. The comments follow redemption requests spreading from US private credit vehicles to Europe, with Swiss firm Partners Group capping withdrawals at 5% in one of its funds. Fobel predicted the sector, currently worth $1.8 trillion, would reach €4 trillion ($4.6 trillion) by 2030, noting that private credit is overwhelmingly institutionally backed.