Limited Partners

It’s not only regulators who are worried

In a podcast released this week, Raymond Wright of London CIV broaches the issue of systemic risk in private debt. If LPs are concerned, GPs should be too.

One LP’s concerns over systemic risk

In the latest Private Debt Investor Podcast, Raymond Wright of London CIV tells of his wariness around loans passing from regulated bank balance sheets to an unregulated market. But he has high hopes for the asset class in areas such as asset-based finance and secondaries.

Blue Owl to buy Atalaya, for $450m, by year’s end

Like its purchase of Prima in April, the transaction looks to expand Blue Owl’s footprint in private credit.

Blackstone hires Dickson to lead client relations

The former global head of investment banking at Citi will head a new group within the Credit & Insurance platform.

Raising a NAV fund? Head to Korea

NAV’s inherent synergies with secondaries means the strategy is gaining significant traction among East Asian LPs.

Four things Japanese investors want to see from prospective GPs

LPs at PDI’s Tokyo Forum on 27 June outlined their expectations around transparency, tax structuring, reporting and GP ownership.

Guggenheim closes on $1.2bn vehicle

The manager also announces the sale of its equity business to focus on core fixed income.

LPs wake up to speciality finance opportunity

Investors prefer more targeted strategies to mainstream mid-market direct lending.

Both BlackRock and Fitch view the credit macro scene warily

No big ‘easing cycle’ expected; keep an eye on upcoming waves of maturities, reports say.

MidOcean Partners raises $765m for opportunistic credit fund

Fund targets off-the-run, mid-sized direct lending, stressed and distressed investments in third vintage.