Research and Insights

The CAISCRED Index Quarterly Review Q4 2025 from CAIS Advisors provides a retrospective look at private credit conditions across non-traded BDCs, incorporating the reported market and index data from Q3 2025.

Building on observations from prior quarters, this review examines how market dynamics have continued to evolve as the asset class scales, with dispersion across managers becoming a more defining feature of outcomes.

The 1940 Act-registered tender offer fund will provide accredited investors with access to major sports leagues, TV/film, and IP across music, live events, and more.

The inaugural CAISCRED Index Quarterly Review from CAIS Advisors examines recent developments in private credit. The report highlights observed trends in deal activity, credit fundamentals, and performance among non-traded BDCs.

This report tracks key data on yields, leverage, and manager performance within the Solactive CAIS Private Credit BDC Index (CAISCRED), a benchmark for perpetual non-traded BDCs and private credit trends

Most private market benchmarks are developed for institutional investors. See why financial advisors need fit-for-purpose indices—and how BDCs may offer a practical start.