The two, both on the board of the Fund Finance Association, have been consulting on the carve-out, purchase and rebranding of TIAA Bank.
3 min read · 27 July 2023
Private debt fund managers are struggling to raise capital, but investors have reason to gain confidence in the prospects of the asset class.
2 min read · 27 July 2023
Goldman Sachs takes keen interest in real estate debt. Plus: distress rising in US CRE market; and Apera is the latest private debt firm to sell a stake in itself. Here’s today’s brief for our valued subscribers only.
7 min read · 27 July 2023
The FTC’s proposed changes to pre-merger filing requirements would mandate the disclosure of certain LPs and may add significant costs to returns.
3 min read · 26 July 2023
Bank capital requirement changes and shrinking balance sheets are opening doors in multifamily, industrial and construction.
4 min read · 25 July 2023
The senior secured flagship direct lending fund has surpassed its target.
2 min read · 25 July 2023
Fundraising has been tough so far in 2023, with the lowest haul since 2016.
1 min read · 25 July 2023
The fund raised more than its predecessor and has already committed two-thirds of its capital to European mid-market companies.
1 min read · 25 July 2023
SEC imposes a $1m fine and issues a cease-and-desist order.
2 min read · 24 July 2023
Jensen Partners reports that a wave of acquisitions is under way in the private credit industry, and that it is driving up the value of talent.
2 min read · 24 July 2023