News & Analysis

Atalaya holds first close on $1bn for special opps fund

The asset-based strategy for the ninth such fund is said to involve buying largely consumer credit vehicles

Brookfield’s Balkan to exit at year-end

The co-architect of the Toronto-based manager’s real estate credit platform, Andrea Balkan, is departing after 22 years with the firm.

Ares targets $100bn AUM from private wealth fundraising by 2028

In recently paying fresh attention to private wealth, GPs, especially the largest ones, have discovered it represents a major opportunity.

Both BlackRock and Fitch view the credit macro scene warily

No big ‘easing cycle’ expected; keep an eye on upcoming waves of maturities, reports say.

HPS closes fund with $21.1bn of investable capital

The fundraise, one of private credit’s largest, has exceeded its target, and includes $14.3bn in commingled and other equity commitments.

Sona beats target with $800m raise for capital solutions

The firm’s first comingled fund in its capital solutions strategy will invest in a broad mandate of public and private credit.

Loan Note: KKR scrutinises bank/fund relationship; bankruptcy data stays consistent

Significant risk transfers are the latest manifestation of bank/fund complementarity, according to KKR; bankruptcy level stays constant; and Capza raises significantly more for its latest European fund.