Investors have had their allocation challenges of late, but US pensions are still prepared to put their faith in private credit. Plus: Fortress and Nassau strike an investment agreement; and Prudential and Warburg launch a new strategic initiative. Here’s today’s brief for our valued subscribers only.
6 min read · 11 September 2023
The US-based manager said recapitalisations can help borrowers bridge funding gaps and hold on to good assets until the market turns.
3 min read · 08 September 2023
The US public pension has backed a debt vehicle.
1 min read · 08 September 2023
The dissenters in the 3-2 vote, Uyeda and Peirce, seemed to welcome a court challenge. But for several days that prospect hung in the air.
2 min read · 07 September 2023
Our data reveals fundraising in H1 this year has plummeted from $30bn in H1 2022.
3 min read · 07 September 2023
David Robbins, the firm’s head of credit strategies, said the latest vehicle had a ‘great mix of investors.’
2 min read · 07 September 2023
At our gathering of private debt professionals from the US and elsewhere, participants had a sense of resilience and opportunity – while also acknowledging that tough times may lie ahead.
2 min read · 06 September 2023
The Baton Rogue pension fund has made a new commitment to private debt.
1 min read · 06 September 2023
Regulators overstepped, six trade groups claim in new complaint filed in Fifth Circuit.
2 min read · 05 September 2023
Houlihan Lokey finds dealflow falling in most European markets, though the UK is a bright spot. Plus: AEW highlights the real estate debt refinancing gap in Europe; and why you need to be in New York this week for our latest event. Here’s today’s brief for our valued subscribers only.
4 min read · 05 September 2023