News & Analysis

The Los Angeles-based manager exceeded the fund’s target fundraise as well as its prior vintages.

Loans to non-depository financial institutions were some of the fastest expanding areas of lending for large US banks.

Private debt funds face exposure to AI-disrupted industries in approaching 60% of assets, driven by a culture focused on origination rather than portfolio management.

By now there is widespread acknowledgement that something is awry in private credit, both with redemptions in semi-liquid funds and valuations.

In a challenging fundraising environment, co-investment is a strong bargaining chip for LPs – but it can create headaches for fund managers.

Co-investment offers fee benefits and an opportunity for greater selectivity, but due diligence can be demanding and co-investors need to consider that they will remain passive investors.

Many direct lenders are considered overexposed to software, but opinions differ as to how harmful AI disruption in the sector may ultimately be.

If you’re wondering which investors might be keen on co-investments, here are six looking to partner up.

CV will comprise over 300 first-lien loans originated and managed by Antares.

The firm said its second NAV loan fund is set to benefit from increased demand from private equity firms seeking flexibility.