Fundraising

How Neuberger’s ‘first mover’ Japan JV will navigate headwinds

Global headlines around US private credit have prompted many investors to ‘look more carefully’ at different market structures, managing director Yasuyuki Fujita tells PDI.

LibreMax launches debut interval fund as hedge funds circle private credit

LibreMax Asset-Backed Income Fund targets asset-backed finance and traded structured credit opportunities.

Apollo holds $1.9bn final close for liquid credit fund

The manager’s deputy co-head of hybrid, Chris Lahoud, says the current moment is one of heightened volatility.

Ares brushes off negative sentiment in Q1 earnings

CEO Michael Arougheti expressed confidence for future dealmaking as the effects of the Iran war normalise.

Primary Wave holds $2.2bn final close on music royalties fund

Primary Wave’s fourth and largest such fund exceeded its original $1.5bn target fundraise and hard cap.

Mercer closes private assets fund on nearly $4bn

Marsh’s investment manager outpaces the target for its eighth vintage.

StepStone Group closes $1.58bn credit opportunities fund

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

Comvest Partners raises $2.63bn for flagship credit strategy

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

DOWNLOAD: Q1 2026 one of the most prolific fundraising quarters on record

A record first quarter speaks to continued institutional investor enthusiasm for private debt despite concerns on the retail side.

Adams Street Partners holds $7.5bn final close

Adams Street’s third private credit platform focuses on senior financing to sponsored mid-market US and European businesses.