News & Analysis

Loan Note: Hints of a fundraising revival; Morgan Stanley on direct lending

Fundraising maintains momentum in third quarter. Plus: Morgan Stanley finds much to like in direct lending; and the Managed Funds Association examines different types of SRT.

Bridging the ‘missing middle’ of climate finance will require a variety of finance solutions

Founders can look to asset owners, corporations, government funding and project and equipment finance to scale their operations.

Russell launches private debt fund of funds for professional investors

The fund will offer access to an initial group of seven private debt funds through an evergreen structure with quarterly liquidity.

Ares to buy GLP Capital Partners’ non-China business in $3.7bn deal

The acquisition – which includes GCP assets in Japan, Brazil and the US – will nearly double Ares’ real estate assets under management.

Wall Street veteran Scherr to co-head Pretium with Pruzan

Former CFOs will be co-presidents of the real estate and corporate credit outfit.

Muzinich and Orion3 target $1bn with infra debt strategy

The partnership will use bridge financing to help mid-market assets in Asia and elsewhere to grow and attract more mainstream financing.

DOWNLOAD: Fundraising sees Q3 revival

Fundraising bounced back in Q3 with average fund size continuing to increase, according to the latest PDI Fundraising Report.

Loan Note: Regulation and other hot topics facing LPs; KBRA examines role of preferred equity

An examination of asset class themes from five LPs. Plus: KBRA puts preferred equity under the spotlight; and Janus Henderson wraps up its Victory Park acquisition.