Fund managers

Evidence builds of rate rise resilience

In the face of growing cost pressures, there are few signs that private debt borrowers are experiencing widespread distress.

Medalist Partners closes fund on $600m

Third asset-based fund exceeds target, nearly doubles the size of its predecessor.

Hunter Point Capital seeks firms poised for next phase of global expansion

The GP stakes and financing solutions platform is backing alternative asset managers across North America, Europe and Asia, CEO Avi Kalichstein tells affiliate title PEI.

Marathon closes third ABL fund on $1.7bn

The CEO says the present moment is the ‘golden era of credit’, as fund exceeds target .

Sixth Street BDC holds first close near $4.5bn target

Sixth Street Lending received commitments from pension funds in Michigan and Pennsylvania.

Insight Partners turns down commitment from PA Schools: report

A proposed commitment to Insight’s 13th flagship fund has been mired in controversy.

More Japanese LPs are betting on red

An expanding pool of Japanese investors have conviction in high-risk distress – a significant development for the country’s LP base.

Lenders get stricter on covenants in high-rate environment

Panellists at the Private Debt Investor Tokyo Forum on Thursday said power was coming back to the lenders in 2023.

CVC secures €25bn for industry’s biggest-ever buyout fund

CVC Capital Partners IX, which is yet to hold its final close, is already larger than Blackstone’s $26.2bn record haul in 2019.

The pause that refreshes and venture debt

Although Silicon Valley Bank is still doing deals, a number of players are maneuvering to fill the chasm its implosion created.