News & Analysis

Could a ‘Total Portfolio Approach’ model come to the nation’s largest pension system?

2023 returns for US mid-market corporate loans beating long-term averages; ADIA-backed credit platform launches; and survey finds growing concern over regulatory fines.

Several big hitters are now in the market with ambitious opportunistic credit strategies, hoping to capitalise as LPs turn away from conventional distressed plays. So, what has prompted this change of tack?

Purchase of boutique manager and life and annuity business adds $20bn to the firm’s AUM.

Pressures on banks and the high-yield market, especially in China, mean private debt funds can expand through the provision of flexible capital.

New European private credit index reveals plenty of positives; Fitch points to uptick in both deal activity and defaults; and Oaktree says opportunistic deals are set to flourish.

The firm reported a 51% jump in its private credit fourth-quarter earnings year-on-year.