APRA said that superfund trustees ‘have work to do’ to improve their processes, with enforcement action possible for underperformers.
3 min read · 22 December 2024
Texas County and District Retirement System plans to commit $1bn to direct lending strategies and $550m to distressed debt funds.
1 min read · 20 December 2024
Under a decision by the Third Circuit appeals court, Akoustis may have to pay post-petition interest to debtors.
2 min read · 19 December 2024
Amid industry optimism on M&A, firm’s head of private debt sees rising need for recapitalisations and refinancings.
3 min read · 19 December 2024
The Columbia-based pension fund has made two new private debt commitments.
1 min read · 19 December 2024
The Fire and Police Pension Association of Colorado approved the commitment to Blue Torch Credit Opportunities Fund IV.
1 min read · 19 December 2024
Default rate remaining high for smaller companies, finds BlackRock. Plus: slower growth in modifications to banks’ CRE loans; and Sixth Street strikes ABF partnership with Affirm.
6 min read · 19 December 2024
New GPs face a tough task to attract investor interest, but there are ways in which they can maximise their prospects.
2 min read · 19 December 2024
The departure comes six months after the firm said it was opening in the UAE to deepen its push into the Gulf region.
2 min read · 18 December 2024
Bank regulatory requirements and borrower tax implications are preventing resolution for stressed loans.
2 min read · 18 December 2024