Fundraising

This year has seen a trend of new aviation finance platforms; the newest entrant targets a portfolio of $2bn.

The firm also reported a high re-up rate for its latest flagship European credit vehicle.

The firm secured its largest fundraise to date to provide credit to early stage and growth businesses.

Despite discussions of declining investor demand for liquidity, both funds saw requests for double-digit amounts of shares to be tendered

The firm’s third vintage in its Asia credit strategy is thought to be targeting $1bn.

Clean energy debt fund’s fourth vintage alone, on first close, adds over $1bn to total; more jurisdictions widen originations pipeline.

The firm’s debut credit fund combines a senior secured risk profile with a PE-like value creation thesis, managing partner Ming Eng tells PEI Private Credit.

The fund has already exceeded the total raised by its predecessor to provide senior loans to companies in the CEE region.

Stanger report also sees highs in redemption requests: 10.4% of NAV in Q and 12.4% in Q2.

The fund is Ninety One’s third vintage focused on senior credit in emerging markets.