Analysis

MetLife eyes expansion into asset-backed finance

An expanded private debt platform is considered in the asset management unit’s quest for $1trn in AUM.

Mubadala announces separate partnerships with Silver Rock, AlpInvest

The Abu Dhabi sovereign wealth fund will expand its reach into fund finance and open itself to external shareholders.

London CIV eyes secondaries for new private debt vehicle 

The UK pension fund is about to close its second private debt fund, which it aims to scale to £500m, and is looking to consolidate GP partnerships.

BlackRock acquires HPS Investment Partners in $12bn deal

The acquisition will create a $240bn private debt platform, the fifth largest of its kind.

Brookfield’s Kingston sees investor shift to real estate credit allocations 

Brookfield’s high-profile real estate executive discussed where the firm sees the growth potential in real estate credit investments.

Alternative Credit Council, EY: Private debt is a $3trn market

Survey of investors and managers points to interest in the asset class continuing to rise.

Configure: Private debt financing of M&A falls below 50% in Q3

Recapitalisations and refinancings surpass M&A, but investment banks expect a turnaround.

Blackstone, EQT Corp form $3.5bn joint venture

Manager will refinance $2.8bn of EQT’s debt and get an equity interest in the natural gas firm valued at $8.8bn