News & Analysis

The manager will use the fund to target first-lien loans to lower mid-market sponsor- and non-sponsor owned borrowers.

Find out how private debt (and other alternative asset classes) have performed. Also, Singapore’s Keppel secures major commitment, and Moody’s finds defaults declining but stress continuing. Here’s today’s brief for our valued subscribers only.

Privacore VPC Asset-Backed Credit Fund will be seeded with $250m in capital from CNO Financial and Corbin Capital.

Investors are looking to access new geographies, fund structures and sectors through their private credit allocation in the second half of the decade.

Partnership to focus on hybrid, public/private and debt investing. Apollo sees strong growth in earnings from fees and spreads.

The growth partnership is meant to grow Ferghana Investment Partners’ hybrid capital platform.

The firm, which EQT recently agreed to acquire, has led on multiple multibillion-dollar credit CVs over the past several months.

The move will expand access to its evergreen credit vehicle to investors in Europe, Asia-Pacific and Latin America.

Economic growth may not be as rapid as the US, but spreads and credit docs may compensate.