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
Investors have good reason for backing senior debt strategies in a volatile environment, despite junior capital being the current fundraising favourite.
5 min read · 01 November 2023
With its roots in green banking pioneer Rabobank, the new direct lender is aiming to make a name for itself in its home market of the Netherlands and around Europe.
2 min read · 01 November 2023
The flavour of the moment in private credit starts with an ‘A’ for asset. But how the phrase ends often depends on the type of product and the manager that’s selling it.
8 min read · 01 November 2023
Asset-based lending presents a huge opportunity, but do LPs know exactly what they’re getting into? We examine four key areas.
5 min read · 01 November 2023
The path ahead for 2024 looks murky, but some managers foresee a revival in volume.
5 min read · 01 November 2023
