The vehicle, known as GCRED, sees net proceeds of $650m, and attracts ‘tremendous interest’.
2 min read · 10 July 2023
New York bankruptcy court approves sale of the SVB Securities business for $81m in cash and subordinated debt to Klarman-backed management group.
2 min read · 10 July 2023
Callan’s findings from its inaugural study of private debt fees. Plus: Moody’s highlights the fragility of US real estate markets; and France’s Eiffel Investment adds to its sustainability toolkit. Here’s today’s brief for our valued subscribers only.
6 min read · 10 July 2023
The strategy arrives as the firm sees more industrial, construction and multifamily opportunities.
2 min read · 07 July 2023
Chief executive Christian Sinding had said on the firm’s Q1 earnings call it was pondering alternative liquidity options including continuation funds.
2 min read · 07 July 2023
Sixth Street Lending received commitments from pension funds in Michigan and Pennsylvania.
2 min read · 07 July 2023
A proposed commitment to Insight’s 13th flagship fund has been mired in controversy.
2 min read · 06 July 2023
Speaking at Private Debt Investor’s Tokyo Forum, alternatives head Tadasu Matsuo outlined JST’s plans for geographic diversification, sectoral focus and mitigating the J-curve.
5 min read · 06 July 2023
An expanding pool of Japanese investors have conviction in high-risk distress – a significant development for the country’s LP base.
2 min read · 06 July 2023
Why regulation might protect ESG from the backlash in the US. Plus: the Bank of England has worries around private equity and debt; and Europe’s worsening credit conditions. Here’s today’s brief for our valued subscribers only.
6 min read · 06 July 2023
