Christopher Faille
HLEND filled close to 44% redemption requests, prorated; BDEBT filled 100%, no proration.
Despite reaching AUM of $50bn, appetite has not been satisfied for collateralised loan obligations – and retailisation is causing the source of that demand to shift to a wider market.
Judge Lopez sees 'no doubt that there is cause to convert' as there is no going concern to reorganise.
Aston Martin, makers of James Bond’s iconic car, creates a JCrew-style trapdoor – BlackRock is both beneficiary and casualty.
Clean energy debt fund’s fourth vintage alone, on first close, adds over $1bn to total; more jurisdictions widen originations pipeline.
Stanger report also sees highs in redemption requests: 10.4% of NAV in Q and 12.4% in Q2.
Houlihan Lokey’s paper offers the theory as Nvidia strikes deals with investment managers that illustrate the practice of AI infra buildout to the tune of $500bn.
Manager anticipates an exclusively PE-sponsored, mid-market portfolio of high-quality companies that need some extra support.
Amid general decline in originations, tech lender’s CEO credits firm’s relationships, discipline and support for its growth borrowers.
The second-quarter equity fundraise for credit of $1.8bn was about one-tenth of last year's.