Fund managers

Hamilton Lane to raise first RMB secondaries fund

The RMB fund targets Chinese LPs and aims to hold its first close this year.

Carlyle reports Q4 results, four years of growth in global credit

The manager took a loss for a quarter and year in which credit’s “momentum” made for a bright spot.

How some borrowers were caught out by rate rises

Hedging was arguably under-utilised in the run up to the ‘higher for longer’ rate environment

Differing perspectives on the ‘maturity wall’

A ratings agency and an investment and advisory firm appear to have two contrasting views of one of private credit’s hot topics.

Carlyle buys Monogram’s $415m private student loan portfolio

Monogram is a Boston-based provider of finance solutions for students and their families.

Citi breaks into private credit with LuminArx partnership

The bank will source deals for strategic financing venture, anchored by more than $2bn from the asset manager and institutions.

Are regulators barking up the wrong tree?

Leverage may be overestimated as a hidden danger within private debt, but the asset class creates its own issues due to a lack of data.

New UK hire and planned fund for Beechbrook

The UK-based lower mid-market lender has brought in Richard Smart from NatWest as it prepares to raise its largest domestic fund to date.

The problem with picking vintages

There’s a big opportunity cost to vintage timing and diversification, according to a new paper – posing a challenge to traditional thinking on the subject.

Competing views on private credit’s risk to the financial system

Global financial institutions differ in their assessment of systemic risk, says Alex Di Santo of Crestbridge.