The latest PDI Investor Report tracks the biggest allocators to private debt and found many remain heavily underallocated.
1 min read · 13 August 2024
VPC brings an asset-backed business and litigation finance to the table.
2 min read · 12 August 2024
TPG says it has expanded its sponsor network and completed almost 200 transactions.
3 min read · 12 August 2024
Borrowers’ interest coverage ratios are being eroded, but strong performance is coming to the rescue. Plus: new hire and fund launch for ACME; and Deutsche lines up possible real estate loan sale.
5 min read · 12 August 2024
Military Mutual Aid Association hopes to commit 90bn Korean won to private debt fund managers in the country.
1 min read · 12 August 2024
The new policy would let ACERA’s staff make the decision to roll existing assets or portfolios into continuation funds if that falls in line with ACERA’s financial consultant’s recommendation.
2 min read · 09 August 2024
Barclays’ liability management exercise report depicts a normalisation of the practice, and a scramble for creditors to protect themselves.
3 min read · 08 August 2024
Tallahassee, Florida-based pension fund makes new commitments to private debt, with the largest going to the Prudential Capital Energy Partners Fund.
1 min read · 08 August 2024
Sophisticated lenders may not have been caught so flat-footed by a JCrew transaction after all.
3 min read · 08 August 2024
Nearly $20bn of Ares’ $26bn worth of commitments came from its credit business.
3 min read · 08 August 2024