Fund managers

Blue Light Capital launches credit division to target mid-market lending gaps

The firm hired Needham Point Capital co-founders Jeremy Burton and Tristine Lim to lead Blue Light Credit.

Closing the carry ‘loophole’ could open a set of bigger problems

Debates on increasing tax on carried interest shouldn’t ignore the wider contribution private equity brings to economies.

Arcmont gets green light for private credit LTAF

The firm has received regulatory approval to offer direct lending to defined contribution pension clients.

Leste Group pushes further into real estate credit with LNL Capital

In less than a year, the net lease mortgage REIT is on track to originate $1bn on an annualised basis.

Advent and ADIA to invest up to $3bn in Fisher Investments

The investment puts FI at a valuation of $12.75bn.

MidOcean Partners raises $765m for opportunistic credit fund

Fund targets off-the-run, mid-sized direct lending, stressed and distressed investments in third vintage.

What the Fifth Circuit ignored in its ruling

The decision on the SEC’s private fund rules was made for the right reason. There was also a troublesome ‘wrong reason’ in the mix, but the court ignored it.

Slinkys, private debt and the bottom step

Will the private debt market achieve a soft landing or end up in a crumpled mess? Adil Kurt-Elli ponders the possibilities.

StepStone Private Credit Income Fund launches

Quarterly redemptions on the interval fund are limited to 5% of NAV, with minimum investments of $25,000.

Principal launches private credit interval fund

Fund seeks 90% plus exposure to private credit, and targets US wealth and institutional markets.