Fund managers

KBRA warns 401(k) order could create a bubble of capital

But ratings agency calls the Trump initiative to democratise access to alternatives ‘profoundly fair’.

Temasek unit and Nexus take equity stakes in Post Advisory Group

The deal, expected to close this year, will bring new capital to the CLO platform as Principal and Nippon exit.

Temasek and Hunter Point take minority stakes in Nuveen Private Capital

The investment into Churchill and Arcmont marks the Singapore’s sovereign wealth fund’s second such purchase in recent weeks.

Ares: ‘Enormous growth potential’ in APAC infra debt

Spencer Ivey has relocated to Sydney to spearhead Ares’ push into APAC infra debt, a market the firm feels may grow substantially over the next 10 years.

TPG Twin Brook, Coller set $3bn credit secondaries milestone

This marks the largest deal of its kind, as private debt investors look to continuation vehicles for liquidity.

Neuberger Berman launches its first asset-based interval fund

NB Asset-Based Credit Fund is focused on receivables lending, consumer, small business and real asset sectors

Deployment: the next fundraising differentiator

Why the ability to deploy capital quickly is becoming key to a manager’s ability to tee up their next fund.

Sound Point achieves $1.1bn first close on Strategic Capital Fund III

The fund manager sees opportunities in a lending space still dominated by banks.

Carlyle Global Credit posts record fee-related earnings as it expands ABF, insurance

Global Credit represents 43% of the company’s $465bn in AUM, helped by diversification beyond direct lending

17Capital on its $5.5bn fundraise: NAV lending growing with ‘adoption from the big names’

NAV loans are generally helping performing buyout funds, rather than those struggling with distributions, says partner Dane Graham.