Fund managers

The fund is the third vintage to target mid-market private credit opportunities across the region.

The firm hopes to address a shortage of funding for businesses focused on key areas of manufacturing and industry.

The creditor trio will inject $150m to reduce Medallia debt, in addition to $500m from the company to invest in AI efforts.

The new deal market has been hampered by negative internal and external factors, but there are signs they may be easing.

ASIC said that updating valuations for 30 June should be an ‘immediate point of action’ for GPs and funds.

An early glimpse of Q2 fundraising shows that a number of large funds are set to contribute to another strong quarter.

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

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

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

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.