Analysis

LPs reveal their biggest frustrations with GPs

Investors list the main causes of friction with private equity funds, in exclusive research released ahead of PEI’s NEXUS event in Florida.

Patria prepares next vintage of Latin American credit strategy

Patria’s first Latin American vintage raised $314m, which the company says delivered a nearly 16% IRR.

Janus Henderson-backed units launch first asset-backed private credit interval fund

Privacore VPC Asset-Backed Credit Fund will be seeded with $250m in capital from CNO Financial and Corbin Capital.

Arcmont outlines the opportunity for European private credit

Economic growth may not be as rapid as the US, but spreads and credit docs may compensate.

Blue Owl’s Lipschultz seeks to quell fears of ‘red flags’ in software portfolio

As the firm reports record AUM, executives on the earnings call say only 8% of AUM is in software lending, with strong loan-to-value ratios.

Ares posts record AUM, driven by direct lending fundraising

While the firm’s fundamentals were solid, investors cautious about private credit’s future punished Ares’ shares.

P10 to acquire Stellus Capital for $250m consideration

Initial $250m consideration is composed of $125m in cash and $125m in units of P10.

First Brands founder indicted as new liquidity approved

Bankrupt auto parts firm’s founder and his brother indicted on charges of defrauding banks and investors.

Investors tender $527m of shares in tech-focused Blue Owl BDC

The manager previously moved its redemptions threshold to 17% from 5%.