News & Analysis

Distressed strategies took a hit in 2024, with fundraising totals down considerably on 2023’s figures and marking a significant drop on the highs of 2019-20.

GPs observe opportunity in refinancing with attractive terms while LPs want to hedge macro risk.

Fundraising for Asia-Pacific has been extremely challenging over the past two years, but the foundations for long-term growth are strong.

BlackRock teams with fintech companies to bridge public and private markets. Plus: Hayfin in commercial real estate purchase from Oaktree; and private credit among popular investment options for UK investors.

Deals approaching $10bn are becoming possible for direct lenders, says James Reynolds of Goldman Sachs Asset Management. In this podcast, he explains the firm’s new climate strategy and expresses optimism over levels of deployment and the M&A market.

Wealth management has become one of the fastest-growing areas of private debt this year as firms pile in.

Former CalPERS CIO Nicole Musicco is planning a $1 billion mid-market lending platform. Briarcliffe looks at six reasons LPs are demanding private credit over private equity.

Commitments from Mitsubishi UFJ Trust Bank and Abu Dhabi’s sovereign wealth fund give the strategy’s first vintage significant firepower.

The transaction is Fortitude’s sixth in Japan, and brings its originations to $8bn in 2025.