Private debt appears to have a lot going for it, but LPs nonetheless have some concerns heading into 2024.
2 min read · 09 November 2023
Fund focused on non-sponsored borrowers and market dislocation to beats its target.
2 min read · 09 November 2023
US mid-market debt issuance shows signs of recovery in the third quarter. Plus: investors reveal plans for increased private debt allocations; and Deer Park Road’s new RMBS fund. Here’s today’s brief for our valued subscribers only.
6 min read · 09 November 2023
CIO Marcus Frampton proposed adding a 25% leverage to the fund in a special board meeting on Monday.
3 min read · 06 November 2023
Asset-backed lending is one of today’s fashions, but do investors appreciate the differences in approach? Plus: industry associations get their lawsuit against the SEC underway; and Veld strikes a deal in Poland. Here’s today’s brief for our valued subscribers only.
6 min read · 06 November 2023
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
