News & Analysis

Traditional metrics may be usurped by new technology, a report suggests.

The economic troubles of the asset class are causing political problems for the industry as regulators rethink some of their ‘light touch’ promises.

Eagle Point’s latest closed fund invests in the debt securities issued by BDCs, credit funds and mortgage REITs.

The asset manager’s investment chief cites ‘weird time arbitrage’ that the practice causes for evergreen investors who buy into vehicles at similar points.

Her departure from the Bermuda-based speciality insurance firm, which has a $6.9bn investment portfolio, follows its recent takeover by Japanese insurer Sompo.

NAVs are also rising and redemption requests remain manageable, but challenging times may lie ahead.

Our performance data reminds us of the strong returns that can be made in periods of volatility. Also, a report finds resilience in BDCs in the fourth quarter, and Australia’s Rest makes a key hire. Here’s today’s brief for our valued subscribers only.

Redemption requests in HPS Corporate Lending Fund exceeded the usual limit by more than 4 percentage points.

A California pension with about $37bn is shy of a 3% target for private credit, with a 1% actual allocation.