Fund managers

Benefit Street surpasses initial hard-cap for $2.5bn Fund IV – exclusive

Wisconsin and Florida pension funds contributed to the latest vehicle, two retirement plans that also committed to its predecessor, Providence Debt Fund III, which was also oversubscribed.

PDI London Forum: Bank partnerships could boost origination

Forming partnerships with banks could be the key to deploying private debt’s record amount of capital raised.

PDI London Forum: Grant Paul-Florence’s main takeaways

Octopus’s Grant Paul-Florence tells PDI about his discussions at the Capital Structure Forum.

PDI London Forum: Nathan Sandler on emerging markets

PDI talks to Ice Canyon’s Nathan Sandler about trends in emerging markets investing.

PDI London Forum: Stuart Fiertz on investment challenges

With $200 billion of capital to deploy across the industry, PDI talks to Cheyne Capital’s Stuart Fiertz about the challenges ahead.

Yukon hits hard-cap of more than $550m for mezz fund

Capital raised for subordinated debt this year through September makes up one-fifth of the fundraising total, versus a quarter last year.

Prime Capital holds aviation first close, launches real estate vehicle

The German fund manager has agreed partnerships to make debt investments in the aviation and real estate sectors.

Europe votes no to UK

Among the talking points at this week’s Capital Structure Forum was greater scepticism from continental investors towards the region’s largest private debt market.

Europe roundtable: Riding the bumps

Competition is tough and deal terms are raising eyebrows. But Europe’s private debt professionals are also seeing opportunity in specialisation, regulation and the growth of markets outside the besieged UK.