The firm’s first closed-end debt fund is now more than half way to reaching its $500m target.
1 min read · 17 January 2025
The firm launched seven new evergreen funds in 2024, head of portfolio solutions Roberto Cagnati said during its business update and outlook call.
2 min read · 16 January 2025
The Baton Rouge-based pension made the commitment to Arcmont Direct Lending Fund V.
1 min read · 16 January 2025
The growth of private debt’s secondaries market has been rapid, mirroring to an extent its private equity equivalent. But greater specialisation may become a differentiating feature.
2 min read · 16 January 2025
Private debt occupies a good position to capitalise on opportunities, but faces increased competition.
3 min read · 16 January 2025
Golub finds US mid-market going strong. Plus: Downgrades and defaults stabilising, Fitch believes; and Allianz Global Investors closes oversubscribed private debt secondaries fund.
5 min read · 16 January 2025
Sponsor-backed companies’ share of overall defaults surged to the highest ever, while Fitch found LMEs and distress depressed recovery numbers.
3 min read · 15 January 2025
Ruling finds that for tax purposes, a limited partner is a passive partner.
3 min read · 15 January 2025
Principal Asset Management says the new appointment will help expand its alternatives business, which focuses on private debt and real assets.
3 min read · 15 January 2025