US pension fund approves new commitment to private debt vehicle.
1 min read · 10 May 2023
The fundraising environment is challenging, as investors are attracted to private debt’s return possibilities but have concerns over deployment.
2 min read · 09 May 2023
While private debt has performed well so far, LPs want managers to maintain a solid risk-return profile.
2 min read · 09 May 2023
Claim fits with Winkelried’s declared priority to “add a credit strategy”.
2 min read · 09 May 2023
The PD 50 Fund aims to provide investors with exposure to a diverse group of 50 of the largest private debt funds and to disrupt the fund of funds model.
2 min read · 09 May 2023
Higher interest rates could also stall efforts to refinance maturing debt.
4 min read · 05 May 2023
US pension fund makes new private debt commitment.
1 min read · 05 May 2023
The buyout giant’s new chief executive plans to instil more discipline around operations, noting ‘we are not going to rush’, according to the firm’s Q1 earnings call.
3 min read · 04 May 2023
Next thing you know, private credit will be bailing out the banking system. Past experience of crises will ‘come in handy’ says one industry professional.
3 min read · 04 May 2023
Carlyle highlights opportunity for private debt but also concerns. Plus: banking turmoil seen as a one-off; and BlackRock finds positive sentiment prevails among investors. Here’s today’s brief for our valued subscribers only.
7 min read · 04 May 2023