Virginia Retirement System makes commitments to three new private debt funds.
1 min read · 18 April 2023
The CLO will have a strong focus on ESG criteria and is expected to close next month.
1 min read · 18 April 2023
The manager is seeking €500m equity from European institutional investors.
3 min read · 17 April 2023
Falling activity in the UK and Germany enabled France to become the top market for European private debt deals for the first time.
1 min read · 17 April 2023
Fitch cites reasons for concern as private debt faces “biggest test” since GFC. Plus: Davidson Kempner makes the case for opportunistic credit; and RBS International finds hitting science-based targets is proving a tough task. Here’s today’s brief for our valued subscribers only.
5 min read · 17 April 2023
With markets facing a severe imbalance of supply and demand for credit, private debt funds stand to benefit if they can harness the opportunity.
3 min read · 14 April 2023
Fidelity’s first BDC has begun operations and will direct lend to mid- and upper-mid-market private companies.
2 min read · 13 April 2023
Up until now a nascent part of the investment universe, the tide appears to be turning for the private credit secondaries market.
2 min read · 13 April 2023
The hunt for yield may have been replaced by the hunt for capital, but KKR thinks it’s still good news for private debt. Plus: two surveys contain promising indications of investor sentiment; and we bring your attention to our Mid-Market Lending report. Here’s today’s brief for our valued subscribers only.
5 min read · 13 April 2023
The fund, which exceeded its $9.5bn equity target, has invested approximately $6bn in subordinated debt in 24 investments.
2 min read · 11 April 2023
