KKR’s asset-based finance strategy buys auto portfolio. Plus: Tikehau celebrates fundraising success; and Bain reports strong dealflow. Here’s today’s brief for our valued subscribers only.
5 min read · 10 August 2023
The strategy is ‘poised to scale and become a flagship fund’, executives said on the firm’s second-quarter earnings call.
2 min read · 09 August 2023
Acquisitions and exits have started to recoup, according to the system’s deputy CIO.
2 min read · 09 August 2023
The firm has announced plans to raise private equity climate fund this year, but the lion’s share of its energy transition strategy will be debt and ‘hybrid’ capital.
2 min read · 09 August 2023
The downgrades follow from the macro context and vulnerability of certain classes of assets.
2 min read · 09 August 2023
‘There is more than $130bn of supply, and supply keeps building, but the bid prices are averaging 40% to 65% off NAV, and this is holding back any sellers in the market from transacting,’ says Industry Ventures founder and CEO Hans Swildens.
3 min read · 08 August 2023
Eaton Partners finds PE firms worrying about the tightened credit environment. Plus: a new fund close for InterVest; and Connection Capital concludes high-net-worth investors are still hungry for alternative investments. Here’s today’s brief for our valued subscribers only.
4 min read · 08 August 2023
The investment manager will allocate up to €300m in the European and Asian property credit sector.
3 min read · 07 August 2023
US bank lenders will face stricter capital requirements with proposed regulatory changes.
3 min read · 07 August 2023
Carlyle records net loss, attributes it to investment loss on Fortitude Re.
3 min read · 04 August 2023