Fund managers

Carlyle interval fund limits outflows after 15.7% of assets requested for redemption

The firm said that redemptions were not motivated by fundamentals, but by a broader trend of investors seeking liquidity from funds elsewhere.

Defence moves to the frontline

A huge increase in government spending, increasingly positive investor sentiment and a shift from the new economy to the old – all reasons why European defence is a lender target.

Pollen Street closes Credit Fund IV on £2.5bn

The fund beat its target and expects to make more than 50 loans to European borrowers.

Ares names new Asia credit head

An ex-Goldman Sachs executive will succeed Edwin Wong, with new co-heads for the Asia special situations strategy also in place.

Barings BDC joins peers in gating redemptions after 11.3% is requested

The manager says redemption gates allow the non-listed fund to ‘preserve portfolio integrity and continue deploying capital’.

Tikehau and Amova launch Asia private markets joint venture

The new venture will focus on decarbonisation strategies in private equity and private credit.

Ares raises $9.8bn for opportunistic credit fund

The Los Angeles-based manager exceeded the fund’s target fundraise as well as its prior vintages.

Moody’s: bank NDFI exposure grows to $1.4trn at year-end 2025

Loans to non-depository financial institutions were some of the fastest expanding areas of lending for large US banks.

Private credit exposure to AI risks driven by incentive structures – report

Private debt funds face exposure to AI-disrupted industries in approaching 60% of assets, driven by a culture focused on origination rather than portfolio management.

Ares, Antares close $1.7bn continuation vehicle

CV will comprise over 300 first-lien loans originated and managed by Antares.