News & Analysis

Raising a NAV fund? Head to Korea

NAV’s inherent synergies with secondaries means the strategy is gaining significant traction among East Asian LPs.

Polestar receives €43m for circular debt strategy

A new round of fundraising brings total deployable capital for the fund to €240m to back innovative sustainability businesses in the Netherlands.

Loan Note: For some companies, sponsor support is a short-term fix only; Qualitas lines up debt fund

Fitch finds sponsor support may only delay the inevitable when it comes to defaults; Oaktree foresees a refinancing struggle for some borrowers; and Spain’s Qualitas plans to launch a new credit fund.

Goldman’s Hope: there is a huge illiquidity quotient in private real estate

On the back of the firm’s $3.4bn raise for its latest real estate secondaries fund, Harold Hope, global head of Goldman Sachs’s Vintage group, says a major repricing of assets is presenting more attractive entry points for buyers.

Urgency rises around stressed loans

Heightened capital costs are increasing stress for real estate borrowers in the UK and Europe.

What’s in store for private debt in the second half of 2024?

The private equity and debt markets are gaining momentum but this doesn’t mean there’s no cause for concern.

How Brookfield found a $6bn infra gap

PDI discusses the role of subordinated debt with Brookfield Asset Management’s infrastructure debt co-head Ian Simes.

Pemberton secures $1bn for NAV finance first close

The firm’s first foray into NAV financing will look to help private equity firms access capital to grow their businesses and portfolio companies.