CEO Arougheti and CFO Phillips strike optimistic notes of scaling ‘vintage after vintage’.
2 min read · 03 November 2023
A stipulation that capital distributed to LPs via NAV facilities can be recalled is creating headaches for some investors.
6 min read · 03 November 2023
In an era where cash is king again, private debt has to offer something exceptional to investors – and in some areas it can, says Claire Madden of Connection Capital.
4 min read · 03 November 2023
Are private debt fund managers getting too good a deal from investors amid supportive market conditions? Views are divided.
2 min read · 02 November 2023
Speaking on the firm’s latest earnings call, chief executive Marc Rowan said the firm is expecting family offices to invest more than half of their assets in alternatives over the next five years.
2 min read · 02 November 2023
Bain Capital strikes a new partnership in the hospitality sector. Plus: Nuveen believes scaled managers have it ‘better than ever’; and we continue to seek your highlights for our annual awards. Here’s today’s brief for our valued subscribers only.
6 min read · 02 November 2023
‘We don’t want to attract people with a trading mentality,’ says Partners Group’s Chris Wicklein.
3 min read · 02 November 2023
In a split-screen moment, defaults are down but speculative defaults are up. Moody’s forecasts spec default rate will peak at 4.7% in early 2024.
2 min read · 01 November 2023
Private debt fund managers are examining their options as investors ponder whether steep interest rate rises have made hurdle rates too easy to achieve, says Macfarlanes’ Margarida Ferreira.
5 min read · 01 November 2023
