Fund managers

Kayne’s $3bn direct lending fund to target 10-12% net return

The vehicle will invest $15m-$50m per transaction into mid-market businesses.

Certior raises €51m for first close of SME FoF

The new vehicle will look for primary and co-investment opportunities with funds focused on smaller companies.

How the largest BDCs are approaching the increased 2:1 debt-to-equity leverage

More BDCs have laid out plans to ask shareholders to increase their borrowing capacity.

Bain targeting $500m for CLO fund

The vehicle comes on the heels of the launch of Bain’s latest direct lending vehicle.

WATCH: The debt dilemma facing BDCs

PDI explores what investors need to know about BDC legislation allowing increased use of leverage.

LGT European Capital raises $726m for latest debt fund

The firm is raising its first vehicle since it was acquired by Swiss asset manager LGT.

Montana makes Deerpath add-on commitment, continues focus on direct lending

The Treasure State’s pension system has made two commitments to private debt this year.

LA pension commits to latest Abry senior debt fund

The vehicle is seeking up to $1.5 billion to support private equity transactions.

North America rising in real estate debt

Investment opportunities for real estate debt in the US appear to remain strong.

Apax’s listed trust goes long on debt as PE spending drops

The listed private equity trust’s derived debt exceeded its derived equity exposure in the first half of this year.