Breaking News

Private credit returns declined in Q1, but executives blame ‘naysayers’ not fundamentals.

The firm’s Credit Opportunities Fund II collected more than double its target and will primarily invest in secondaries and co-investments

The closing of Comvest Credit Partners VII exceeded its target fundraise of $2.5bn

The firm said that redemptions were not motivated by fundamentals, but by a broader trend of investors seeking liquidity from funds elsewhere.

An ex-Goldman Sachs executive will succeed Edwin Wong, with new co-heads for the Asia special situations strategy also in place.

Talks between domestic and international regulators will begin in April and continue throughout the summer.

Apollo and Ares’ funds join a growing list of funds enforcing redemption limits, seeking to avoid downgrades.

Executive outlines an approach to investor jitters involving real-time marks and, beyond that, the use of third-party valuations/modeling.

Valuations of Blue Owl’s BDC’s portfolio provided by Kroll have raised concern given Kroll’s close connection to Deerfield, a borrower from those BDCs.