# Private Credit Funds Recover From Lows Despite Troubled Loans 2026-08-07T00:50:07+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Publicly traded private credit funds have rebounded from multi-year lows as second-quarter results showed a more stable market, Bloomberg reports. Major managers are trimming weak investments, reducing leverage and limiting loans that have stopped paying interest. Some funds have also bought back shares to support their values. The recovery is uneven. Ares Capital reported non-accrual loans of $708 million, up 15% from the previous quarter, though that was 2.4% of its portfolio at cost, below its historical average. Blackstone Secured Lending Fund’s net asset value fell to $25.53 a share. BlackRock TCP Capital plans to transfer 48% of its debt portfolio to a vehicle backed by Pantheon, reducing its net asset value by about 10.4%. Blue Owl’s non-accruals rose to 2.8%. ## Coverage - livemint.com Tags: Ares Capital, BlackRock, Blue Owl, business development companies, private credit Canonical: https://indianopinion.org/private-credit-funds-recover-from-lows-despite-troubled-loans/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/private-credit-funds-recover-from-lows-despite-troubled-loans/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.