Fund managers

ABF may ease direct lending concerns

It remains to be seen how successfully direct lending can navigate current headwinds. LPs with heavy exposures may welcome the rise of asset-based finance.

Oaktree hires senior AIA exec to lead APAC insurance coverage

The US private debt manager continues the global buildout of its insurance team with a view to managing more assets for clients in that segment.

Arena closes third special opps fund with over $1bn

With co-investments and other capital, the manager has beaten its billion-dollar target for the flagship strategy.

Crestline closes $3.5bn direct lending fund

Borrowers include both sponsor and non-sponsor backed companies across North America.

Goldman Sachs launches APAC private credit entity

West Street Asia Private Credit Advisors was registered in Luxembourg last month, according to public filings.

Synergy Capital Fund III holds first close on $715m

The third vintage of the Dubai-based credit fund achieves 70% of its target two months after its launch.

Five takeaways from PDI Europe

‘Resilience’ is a word frequently used when describing how private debt has responded to previous challenges. How’s it shaping up in response to the current economic and political backdrop?

PDI Europe Summit: Direct lending under scrutiny

Spread compression and lack of dealflow are among the concerns, but there is hope of an improving picture as the year progresses.

BlackRock raids Wellington for US insurance strategy head

The move by the asset management giant, which has around $37bn of private debt investments and $603bn in insurance AUM, reflects a global trend among GPs.

PDI Europe Summit: GPs doubling down on trusted sectors

As managers assess tariff impacts, sectors such as healthcare and business services are seen as safe bets. Meanwhile, domestically focused businesses may stand to benefit from the decline of globalisation.