Fund managers

Counting down: Please submit your awards submissions this week!

Make sure you get your nominations to us over the next four days to participate in the 2024 version of the Private Debt Investor annual awards.

Impact investing gets serious

Fundraising by private debt firms for impact strategies appears to be picking up, even as ESG integration into mainstream strategies may be declining.

Investors want direct lending and senior positions – BlackRock

Established managers dominate fundraising and expand the addressable class of borrowers, according to a paper by the manager.

AlbaCore appoints Gillam to lead senior direct lending fund

Gillam joins the firm from Goldman Sachs and will be responsible for growing its capabilities in senior direct lending.

KKR, Capital Group file for joint public-private credit funds

The funds build off the two firms’ partnership, which was announced in May.

The perils of FRCP 7.1 – two years on

The federal rule, updated two years ago, requires a high degree of disclosure by asset managers that some say is impossible to obtain. Proskauer’s Mike Mervis and Massimo Capizzi explain key developments since the requirement was introduced.

The ticking clock – pros and cons of holding for longer

With borrowers having been put under pressure by rising rates, managers face some tough decisions on whether to sell or stay the course.

Wendel takes 75% stake in Monroe Capital

A new partnership between the two firms will enable Monroe to expand its activities and see Wendel commit $1bn to its funds.

Golden age talk tempered by concern over recent vintages

Amid concerns over pressure on existing loans and revived competition from the syndicated market, there is still an overall positive tone at the PDI Germany Forum in Munich.

Bridging the ‘missing middle’ of climate finance will require a variety of finance solutions

Founders can look to asset owners, corporations, government funding and project and equipment finance to scale their operations.