Limited Partners

Ares closes Pathfinder III at increased $8.5bn hard-cap

The asset-based fund beat its target and raised $12.7bn of investable capital including commitments extended from the prior vintage.

Blue Owl’s liquidity event: The OTF notes

The top three exposures in the publicly traded technology BDC are software, software apps and healthtech.

Amid cautious foray into private credit, WSIB’s consultant confident in timing of program’s launch

Washington heard from its consultant, Albourne Partners, that ramping up a private credit allocation in a stressed market may allow for stronger documentation and higher spreads.

BCRED caps repurchase requests: feature or bug?

Blackstone, facing 10% redemption requests, adds to the recent spate of redemption limits from BDCs as outflows rise.

NXT Capital: LPs must avoid the hype and focus on the key issues in private debt

Media hysteria around redemption runs and AI may be overblown, but they shine a spotlight on important topics LPs should consider when investing in private debt, says Ted Denniston, co-head and senior managing director of NXT Capital.

India’s alternative capital potential is huge

The banks dominate in the region but, in India, regulations are tipping things in favour of alternative capital sources.

FC Capital: Australia gears up for an influx of LP capital

As the US and European private credit markets become increasingly saturated, investors are turning their attention to Australia, says FC Capital’s chief executive officer, Christian Brehm.

Värde Partners on the case for Asia private credit now

Asia-Pacific is complex and demands a sophisticated approach to individual markets. But the opportunity has never been better for managers with deep understanding and relationships, says Haseeb Malik, head of Asia Credit at Värde Partners.

Private credit’s DPI dilemma

DPI may primarily be seen as a private equity problem, but an expectation of timely returns means private credit is being held to an even higher standard.