Fund managers

Hunter Point hits $4.3bn close for NAV loan and pref equity debut

The firm’s strategies fall under a shared platform, and each beat their targets.

EQT’s massive sustainability-linked credit facility leans into materiality

The $4.4bn subscription credit facility reflects a shift in the way sustainability is integrated into private markets investment processes.

Canyon hires former ATLAS SP CEO to lead ABF venture

Management, Daiichi Life Insurance and Korea Investment Holdings will provide permanent capital with more than $5bn annual origination capacity

Private credit sharpens focus on climate’s missing middle

Recent moves by Lightrock, Nest and Galvanize offer signs that the private credit market is starting to bridge the climate financing gap, but there is still a long way to go.

PGIM: The view from Down Under

Mike Jones, managing director and head of Australia private credit at PGIM, says that growth has slowed somewhat as the country’s big banks remain active, with patience vital.

Ares and Clearstream pen deal to expand wealth manager access

The deal will make Ares’s private markets products available to a wider range of wealth managers.

Blue Owl’s liquidity event: The OTF notes

The top three exposures in the publicly traded technology BDC are software, software apps and healthtech.

BCRED caps repurchase requests: feature or bug?

Blackstone, facing 10% redemption requests, adds to the recent spate of redemption limits from BDCs as outflows rise.

HSBC raises $2bn for UK direct lending second vintage

The strategy involves investing in private equity-backed deals originated by HSBC’s UK banking arm.

Crescent Capital closes fund with $10.8bn of investable capital

The fourth vintage lower mid-market fund, the manager’s largest ever, raised more than $5.5bn of equity.