Opinion

Fundraising’s fragile green shoots

Investor sentiment around private debt has proved determinedly positive, but funds have been finding the capital-raising environment tough. Did a surge in Q1 mean a corner has been turned?

Signs hint at emerging distress

There are growing indications of a new cycle in the credit market as pressure on borrowers grows and default rates rise.

How to conquer the retail market

Wealth management has become one of the fastest-growing areas of private debt this year as firms pile in.

Amid a storm of uncertainty, thinking on sustainability is getting sharper

Sustainability-related initiatives are clearly focused on material, impactful, financial objectives, if comments at NEXUS 2025 were anything to go by.

The large capital pools shaping the present and future

The emerging private markets landscape sees the largest managers fighting for wealth capital, further enforcing their dominance over capital raising.

The UK pension performance challenge

The Mansion House Compact was an attempt to address a pressing issue and has encouraged a more proactive stance to private markets – but there are challenges.

Oaktree’s $16bn for a challenged market

Macroeconomic and geopolitical volatility is the backdrop for the fund manager’s fundraising haul. Are we now in an era of sustainable distressed dealflow?

Blurred asset class lines that challenge LPs

Apollo’s results announcement this week gave hints of further definitional challenges as private debt expands into new areas.

Why Europe’s banking manoeuvres will be keenly watched

With calls for European banking consolidation growing, private debt managers will see both potential threats and opportunities.

Credit secondaries’ growth may lie within the asset, cashflow divide

The growth of private debt’s secondaries market has been rapid, mirroring to an extent its private equity equivalent. But greater specialisation may become a differentiating feature.