News & Analysis

Why PE-backed take-private deals are more popular than ever

Blackstone took online pet care marketplace Rover private for $2.3bn, and Vista took software developer EngageSmart private for $4bn.

Loan Note: ECB warns on real estate debt risks; Yieldstreet signs major deal to expand alternatives access

The ECB believes commercial real estate debt is an emerging economic risk; Yieldstreet teams up with Wilshire to expand private credit access; and Barings’ woes continue with a BDC outlook downgrade.

WATCH: Barings’ Bryan High on the future of private credit

Adam Le spoke to Barings’ Bryan High to get his views about how private credit will evolve and why LPs are flocking to the asset class.

Pemberton secures €2.3bn for third credit opportunities fund

The fund exceeds its predecessor and will continue to invest in more complex credits to deliver enhanced returns.

Stresses on China and banks assisting Asia private debt

Delegates at our APAC Forum 2024 heard about a growth opportunity for the asset class as rival sources of financing face difficulties.

Dai-ichi invests more than $1.5bn for Canyon Partners deal

The majority of the giant Japanese life insurance group’s investment is as an LP; it also takes a 19.9% stake in the credit-orientated manager.

Vidrio and AW survey: Investors’ appetite undeterred by denominator effect

Credit strategy’s slice of the alternatives pie grew to $32.4bn in 2023 from $27.1bn the previous year.

Barings secures injunction against former employees and Corinthia

A temporary injunction has been granted to prevent former Barings employees from using its confidential information to solicit clients.