Unrealised assets in private credit funds sit at around $1.5trn, partner and global head of private credit Rick Jain says.
2 min read · 12 October 2023
Group led by Sixth Street includes KKR and gets an assist from PIMCO and CPP Investments.
2 min read · 12 October 2023
The bank will focus on capital call lines and GP financing for mid-market funds with the hire of Olivia Deroy who had worked at First Republic.
1 min read · 11 October 2023
Large regional bank will share further details of the deal on its third-quarter earnings call.
3 min read · 05 October 2023
Second vintage of distressed and dislocated credit fund also beats its target.
2 min read · 04 October 2023
The Newport Beach-based manager has closed its second property credit fund on $3bn, more than double the size of its predecessor.
3 min read · 04 October 2023
Fasten your seat belts: it could be a bumpy ride, as high interest rates meet the need to deploy dry powder.
2 min read · 04 October 2023
OCredit is a perpetual non-traded BDC and will be open to individual investors as well as institutions.
2 min read · 03 October 2023
The Blackstone chief executive shares five pieces of advice – including his 10% rule when it comes to valuations – with Private Equity International.
3 min read · 02 October 2023
A disconnect exists in the industry between GPs who view continuation funds as a desirable way to hold certain assets beyond the limits of a traditional private equity fund, and LPs who generally would prefer a regular exit.
4 min read · 02 October 2023