Fund managers

Manulife IM targets APAC wealth channel with evergreen credit offering

Raising capital from wealthy individuals requires ‘a lot of support, a lot of handholding, a lot of guidance, a lot of education’, senior managing director Alex Catterick tells PDI.

Debt powers Blackstone’s inflows in Q1

Credit, insurance and real estate debt accounted for more than 60% of the manager’s first quarter haul.

A story we’ve read before: the MSR textbook

Satish Mansukhani of Rithm Capital Corp sheds light on the lessons that private credit can learn from the evolution of the mortgage servicing right.

NAV financing presents an ESG challenge

Uncertainty about the use of proceeds poses an issue for NAV lenders looking to manage ESG risks.

Blue Owl Capital acquires Prima, hires GIC vet in private credit push

Jesse Hom will join the firm in June as it looks to expand its real estate presence amid bank lending pullback.

KKR eyes more than $300bn of fresh capital through 2026

The buyout firm is on a path to reach $1trn in total assets in the next five years.

Five points to note about distressed debt

A larger and more diverse universe of opportunity for distressed debt and opportunistic credit is unfolding. There are a number of reasons why.

Gaps open for growth in Asia-Pacific

Pressures on banks and the high-yield market, especially in China, mean private debt funds can expand through the provision of flexible capital.

Goldman Sachs unit backs credit firm Kennedy Lewis

In conjunction with the investment from Petershill, Azimut Alternative Capital Partners will divest its non-controlling, minority equity stake in Kennedy Lewis.

Why PE-backed take-private deals are more popular than ever

Blackstone took online pet care marketplace Rover private for $2.3bn, and Vista took software developer EngageSmart private for $4bn.