Earnings

Private wealth is a ‘battleground’ as distributors add fewer firms – Partners Group

The strategy is the firm’s fastest growing unit from a headcount perspective, according to chief executive David Layton.

Ares sees record fundraising, strong commitments in second quarter

Nearly $20bn of Ares’ $26bn worth of commitments came from its credit business.

Carlyle reports record AUM, credit raises $5bn

The firm’s credit AUM is up 25% year-on-year as it chases an overall $40bn fundraising goal, across funds and strategies, for 2024.

Seventh consecutive quarter of growth: Golub index

Golub Capital’s Altman Index shows firm growth in the mid-market was led by healthcare, industrial and tech firms.

Ares raises over $17bn in Q1, with more than $14bn in the credit group

LA-based manager has a record amount of available capital, but sees dip in fundraising from Q4 2023.

Debt powers Blackstone’s inflows in Q1

Credit, insurance and real estate debt accounted for more than 60% of the manager’s first quarter haul.

Mid-market borrowers pass stress test amid higher rates, report says

KBRA says its assessment portfolio experienced ‘only a slight deterioration’ in interest rate coverage.