The insurance giant has promoted a member of its global credit investment team to lead its $10bn push into alternatives, Private Equity International has learned.
2 min read · 07 April 2020
Unlike 2008, ‘you have a situation where revenues have gone to virtually zero overnight’.
6 min read · 02 April 2020
Two European LPs have already defaulted on capital calls, and more are rumored, as LPs get hit with a one-two punch of large, often early capital calls and drying up distributions.
5 min read · 30 March 2020
The closing comes as secondary prices fall to levels last seen in the global financial crisis.
2 min read · 27 March 2020
Debt funds and their portfolio companies have grown used to tapping cheap debt facilities, but underperformance amid the covid-19 crisis may see access to finance restricted.
2 min read · 26 March 2020
There is not sufficient reward for investments that benefit society, argues Ignacio Diez Torca of Trea Direct Lending, who says it’s time for government tax breaks.
5 min read · 26 March 2020
In recent years, fundraising has piled into the larger private debt funds – creating an elite of capital gathering powerhouses. Catalin Voloseniuc of SEE Credit Partners says its time to consider other options.
3 min read · 23 March 2020
Heavily invested legacy vintages might suffer more than funds in market, with the jury still out on whether this crisis will be sharp and short like the GFC, or sharp and longer-lasting running through various cycles.
3 min read · 20 March 2020
Are private asset classes better positioned to weather the crisis? Our senior editorial teams covering PE, private debt, infrastructure, real estate and secondaries provide insight.
1 min read · 20 March 2020