Fund managers

The new vehicle will house over $500m of debt positions held by TCPC, with pricing coming in at 95% of gross fair value as of 31 December 2025.

While some consider payment-in-kind’s origin to be a determinant of eventual outcomes, there are pitfalls in the prevailing logic.

The firm’s US buyout strategy distributed capital at more than double the industry rate, chief executive Harvey Schwartz noted on the firm’s latest results call.

New York-based manager’s origination machine has grown AUM by 25% in one year to $1.05trn.

The seventh vintage of the North American senior debt fund more than doubled its target

The Switzerland-headquartered manager will seek to invest in LP-led, GP-led and opportunistic deals with an emphasis on senior lending, Secondaries Investor understands.

With interest growing in Asia-Pacific and the Middle East, the firm was able to close its latest direct lending fund well ahead of target.

The second-quarter equity fundraise for credit of $1.8bn was about one-tenth of last year’s.

Ares Management raises a record $36.4bn in capital and deploys $36bn

GTCR wants to use its capital solutions strategy to be ‘a problem solver,’ co-CEO Collin Roche tells Buyouts, including for other private equity firms facing major liquidity issues.