Fund managers

New report: Private markets performance data

PEI Group’s quarterly fund performance reports analyse the state of private markets through the lens of our proprietary data to bring you market insights enriched by our reporting and editorial expertise.

Blue Owl’s Lipschultz seeks to quell fears of ‘red flags’ in software portfolio

As the firm reports record AUM, executives on the earnings call say only 8% of AUM is in software lending, with strong loan-to-value ratios.

Ares posts record AUM, driven by direct lending fundraising

While the firm’s fundamentals were solid, investors cautious about private credit’s future punished Ares’ shares.

Why BDC troubles might be hard to shake off

The business development company market in the US is already coming under pressure – and a high exposure to the software sector may make things worse.

P10 to acquire Stellus Capital for $250m consideration

Initial $250m consideration is composed of $125m in cash and $125m in units of P10.

Credit manager M&A spree raises diligence issues for LPs

Fund allocators such as Goldman Sachs’ external investing group and Allianz Global Investors are putting more focus on rising private debt GP consolidation.

Eurazeo and Pantheon complete €480m credit CV

The deal is the second between the two firms to provide liquidity to Eurazeo’s LPs while maintaining continuity for borrowers.

Investors tender $527m of shares in tech-focused Blue Owl BDC

The manager previously moved its redemptions threshold to 17% from 5%.

Investment-grade credit in focus for Blackstone’s 2025 earnings

Blackstone’s IG Credit AUM is now $130bn, up 30% year-on-year.

Risk transfer use trebles since 2020 – report

The significant risk transfer market has been growing in popularity as banks seek to free up more capital for lending.