Breaking News

Blackstone hires private credit veterans for infra and asset-based group

The firm says the new partners will help fuel continued growth of its infra and asset-based credit platform.

Benefit Street Partners closes $1bn CRE CLO

Franklin BSP Realty Trust’s Comparato breaks down the transaction, which marks a bright spot for a quiet sector.

New York City Pensions’ CIO questions private equity’s billionaires

Meier, who oversees assets worth $272bn, believes private equity’s fees are ‘too high’.

Powell, Barr and Oaktree on banks and Basel III

Amid the back-and-forth on the proposed banking rules, banks seem committed to a complete withdrawal from below investment grade lending.

Bankruptcy court: Yellow on hook for pension contributions

Judge’s ruling does not give a number to pension liability but suggests that it will far exceed the debtors’ assets.

Silver Point holds final close on $4.6bn credit fund

Opportunistic vehicle nearly triples the size of its precursor, and will invest in cyclically driven dislocations.

Eiffel closes impact-through-ESG debt fund on €777m

Eiffel Impact Debt II uses ESG levers to encourage sustainability improvements and is one of the largest-ever ‘impact’ debt funds; strategy head Antoine Maspétiol tells affiliate New Private Markets how Eiffel navigated the ‘tough’ fundraising environment.