Robin Blumenthal
Managers are looking to where there’s an apparent need for capital, including opportunistic credit.
Whether the trend is up or down – and by how much - depends on who’s counting and with what data.
The seventh vintage of the North American senior debt fund more than doubled its target
The NCIA is committing capital to the GP’s real estate debt, capital solutions strategies.
The firm is using Credit Partners III, a senior secured, direct lending fund, to focus on non-sponsored borrowers.
Continuation vehicles are emerging as a key liquidity tool in private credit, yet the majority of LPs are still opting to cash out amid rising market scrutiny.
Management, Daiichi Life Insurance and Korea Investment Holdings will provide permanent capital with more than $5bn annual origination capacity
The asset-based fund beat its target and raised $12.7bn of investable capital including commitments extended from the prior vintage.
The fourth vintage lower mid-market fund, the manager’s largest ever, raised more than $5.5bn of equity.
As private credit comes under pressure, investors worry that valuations are not showing the warning signs – we examine the validity of these concerns.