Analysis

Spreads now have a floor, creating opportunities, the deputy chief investment officer tells NEXUS 2026

The manager sells $1.4bn of loans in three BDCs and gates Blue Owl Capital Corp II.

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

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

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

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

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.

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

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