Breaking News

ILPA seeks LPAC vetoes and full disclosure over NAV loans

Trade group calls for LPAC consent in some cases, and for new fund documents to cover usage and limits.

Barings loses a round against Corinthia

Court denies motion to prevent another employee from joining UK-based Corinthia.

CalSTRS invests $200m in Kennedy Lewis

The seed capital will support the manager’s non-traded, perpetual BDC, among other investments focused on the non-sponsored market.

TPG Next backs fledgling real estate credit shop

The fund has seeded a just-launched private debt strategy from an industry veteran.

Blue Owl to buy Atalaya, for $450m, by year’s end

Like its purchase of Prima in April, the transaction looks to expand Blue Owl’s footprint in private credit.

Blackstone hires Dickson to lead client relations

The former global head of investment banking at Citi will head a new group within the Credit & Insurance platform.

Tishman Speyer launches new debt platform, hires Rustgi

Amit Rustgi, who joins from PIMCO, will focus on credit opportunities across sectors.

Oaktree: Loan managers needn’t fear extending maturities

Media warnings of a pending ‘wild west’ of defaults are overdone, portfolio managers say.

BlackRock to snap up Preqin in £2.55bn deal  

Preqin is an independent private markets data provider.

US Supreme Court: Defendants have right to jury trial for securities fraud allegations

Case involving hedge funds lending to start-ups represents a blow to the SEC.