News & Analysis

LPs reveal their biggest frustrations with GPs

Investors list the main causes of friction with private equity funds, in exclusive research released ahead of PEI’s NEXUS event in Florida.

Tikehau latest manager to close credit secondaries fund as market fires on all cylinders

Tikehau’s second credit secondaries-focused fund closes on more than $1bn having launched in the second half of 2023.

The increasing visibility of stress

The BDC market provides a window into more challenging conditions, while maturity walls may force restructurings.

Loan Note: Carlyle’s Sidhu on the European opportunity; Configure highlights mixed M&A picture

Carlyle’s Taj Sidhu tells us why he’s optimistic about private debt in Europe. Also, Configure finds M&A market “uneven and sector-specific”, and BNP PAMA announces Capza 7 first close. Here’s today’s brief for our valued subscribers only.

Schroders Capital hires Asia fundraising head from Oaktree

Sabrina Meng will start in a new role at the British GP next month, Private Debt Investor has learned.

Bankruptcy debtors score a win over residential portfolio

US bankruptcy court approves sale of rent-stabilised residential properties, setting aside housing-based objections from New York City.

Several reports on BDCs point to deteriorating picture

Fitch reports spike in redemptions in non-traded BDCs, while Stanger warns of ‘hairpin turn’ and Solve sees a rise in non-accruals.

Florida SBA explores multibillion-dollar portfolio sale

The pension has been actively pursuing opportunities in the secondaries market over the past few years.

LPs look to move past the denominator effect

More and more LPs appear to be adopting an approach to allocation that could help them avoid portfolio imbalances due to volatility.