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Articles 22nd September 2026

What a €15bn Fundraise Tells Us About the Evolution of European Private Credit

The €15 billion final close of the Hayfin Direct Lending Fund V was a milestone for our firm. But perhaps more interesting than the size of the fund was what we learned from the investors behind it…
Articles 15th September 2026

The Complexity Premium

The complexity premium is the additional return available on capital solutions relative to traditional lending. While it can be difficult to disentangle from credit risk and other risk premia, we define it as where nuance in the asset, business, process or structure limits conventional lender participation, creating the opportunity to earn a premium return to a situation with similar credit risk but without the nuance…
Articles 28th July 2026

A Tale of Three PIKs

Payment-in-kind is one of the most scrutinised features in private credit today – and one of the most misunderstood. The labels we reach for don’t always tell the full story…
Articles 13th July 2026

The Capital Gap in Healthcare

Healthcare has never been more essential, or more capital-intensive. An ageing global population, rising chronic disease burden, and a continued wave of scientific innovation are driving demand for therapeutics, devices, and services to record levels, largely independent of the economic cycle…
Articles 24th March 2026

Portfolio Financing in 2026: Managing Volatility, Sharpening Discipline

2026 is shaping up to be an important year for portfolio financing markets. A mix of macro uncertainty, evolving CLO technicals, and more selective lender behaviour is influencing pricing and terms in ways that Managers will need to navigate carefully.

Articles 11th March 2026

Portfolio composition in the AI era: Fundamentals, good credits and the rule of 40

The software sector has found itself back under the spotlight as discussion around GenAI disruption gathers pace. The debate has intensified in recent weeks, after the launch of new AI‑driven tools prompted fresh questions about how quickly established workflows, currently inhabited by software companies, could shift.

Articles 09th December 2025

Four current and emerging trends we believe investors should track as single-asset GP-led transactions continue to evolve

Single-asset GP-led transactions have emerged as a core exit route, matching IPO volumes and offering investors access to high-performing assets…
Articles 14th October 2025

Driving Transparency and Insight: Michaela Campbell on the Future of Portfolio Monitoring

In this Q&A, Michaela Campbell, Head of Portfolio Monitoring at Hayfin, explains how her team is transforming data into actionable insights for LPs.
Articles 16th July 2025

Why Europe in 2025? A growing opportunity for private credit

In our 2024 outlook, Hayfin argued that the European market offered one of the most attractive opportunity sets in private…
Articles 16th April 2025

Tariffs in Context: Three Charts That Matter

In times of rapid market change, the temptation is often to react quickly by making sense of new information through the lens of daily price moves and hourly headlines.