Blackstone

The firm’s bet on financing AI and its focus on investment-grade and ABF helped pick up the slack, however.

The firm is seeking to replicate the direct lending model of customised solutions for borrowers into offerings for larger public companies.

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

Houlihan Lokey’s paper offers the theory as Nvidia strikes deals with investment managers that illustrate the practice of AI infra buildout to the tune of $500bn.

Blackstone, in an SEC filing, says the recent departures of BDC executives were not due to disagreements; Marshall will be sole BDC CEO.

But growth in insurance inflows helped boost total credit inflows to $33bn, nearly 50% of the firm’s total.

Geared to private wealth clients, the end funds will combine public and private assets and have limited distribution at first.

The trend among retail investors that started in Q1 accelerates, on average, and involves many of the same large fund managers.

Having reached new heights, global private credit fundraising for closed-end funds may be slowing. Equally, this might be missing the main story.

He started at the Australian firm this week as head of credit in the client solutions group, PEI Private Credit can reveal.

The suggested move has much prelude, both amongst other private credit concerns and in Blue Owl’s own recent history.

Venture credit is in hiatus as returns have some way to go before the illiquidity becomes worthwhile.

Lenders are being met with a wave of demand for financing every physical aspect of the data centre build-out.

Apollo’s $9bn minority equity deal with gas company Oneok may well divert more attention to these kinds of arrangements.

New York-based manager’s origination machine has grown AUM by 25% in one year to $1.05trn.

The second-quarter equity fundraise for credit of $1.8bn was about one-tenth of last year's.