News & Analysis

The perils of FRCP 7.1 – two years on

The federal rule, updated two years ago, requires a high degree of disclosure by asset managers that some say is impossible to obtain. Proskauer’s Mike Mervis and Massimo Capizzi explain key developments since the requirement was introduced.

The ticking clock – pros and cons of holding for longer

With borrowers having been put under pressure by rising rates, managers face some tough decisions on whether to sell or stay the course.

Loan Note: The growing appeal of investment grade; Coller launches SICAV fund to capture private wealth

We hear some managers are set to launch investment-grade strategies. Plus: Coller markets a private wealth-focused credit vehicle; and AustralianSuper boosts its US presence.

TPG raises $1.8bn for third special sits fund

The fund is said to seek $4.5bn; LP commitments include the Rhode Island State Treasury and Vermont Pension Investment Commission.

Wendel takes 75% stake in Monroe Capital

A new partnership between the two firms will enable Monroe to expand its activities and see Wendel commit $1bn to its funds.

Goldman Sachs: LPs are significantly underweight to private debt

Survey shows a mixed bag in investor attitudes toward the asset class, though many intend to increase allocations