Fund managers

Dai-ichi invests more than $1.5bn for Canyon Partners deal

The majority of the giant Japanese life insurance group’s investment is as an LP; it also takes a 19.9% stake in the credit-orientated manager.

Barings secures injunction against former employees and Corinthia

A temporary injunction has been granted to prevent former Barings employees from using its confidential information to solicit clients.

Pemberton signs deal to manage Zurich credit ELTIF portfolio

The deal is part of Pemberton’s long-term goal to expand its investor base into the wealth management space.

Structured investments emerge as distinct commercial real estate asset class

The commercial real estate market, which has been in a value correction cycle for the past two years due to higher interest rates and cap rates, will see this correction continue until interest rates settle.

The uneasy relationship between banks and funds

In some areas they co-operate but, in others, competition is increasing. Traditional and alternative lenders walk a fine line between friendship and enmity.

AIFMD II: Why it threatens funds’ strategic freedom

In the latest episode of the Private Debt Investor Podcast, the Alternative Credit Council’s Jiří Król examines the implications of European regulators’ definition of loan origination funds.

Impact Community Capital finds opportunity in financing affordable housing

The firm closed $166m of deals, for nearly 2,000 units, in Q4 2023.

Barings takes legal action against former employees and Corinthia

The firm accuses them of contractual breaches and using confidential information to draw clients to their new venture at Corinthia Global Management.

Barings private debt heads depart for Nomura-backed credit manager

More than 20 team members, including senior staff, have left Barings to join newly founded private credit manager Corinthia.

‘Secular change’ tough for some but the outlook’s bright

Given the shock of the new rate environment, some borrowers will experience problems, according to Howard Marks. He thinks talk of systemic risk is exaggerated though.