News & Analysis

LaSalle secures €600m for real estate whole loans

The programme will look to provide single loans for real estate projects in Western Europe.

Care, students and storage – today’s gaps in the market

How much risk is too much? David Turner takes a look at the decisions real estate debt investors are making in Europe about which countries and sectors they are prepared to back

South Korea: the end of the infra spree?

Korean insurers are making changes as they see diminishing returns from infrastructure debt.

South Korea’s POBA: what it wants and why

Chief investment officer Dong-Hun Jang tells PDI that the Public Officials Benefit Association is looking at niche private debt strategies and real estate debt in the US as seeks additional ‘control and ownership’.

Asia covenant quality weakens due to China factors

Chinese property developers now have more flexibility in cash spending, debt and investment carve-outs

Direct lending ‘risks oversupply’

Niche strategies are starting to grow in popularity – a necessary counterbalance to the capital allocations piling up for mid-market direct lending, says Ari Jauho, co-founder and partner at Helsinki-based fund of funds manager Certior Capital.

Danish pension puts debt and equity together

John Bakie looks at how PensionDanmark is merging its private debt and alternatives teams under the leadership of Kim Nielsen to better target opportunities across the capital structure.

Credit fundraising for Ares driven by CLO activity

The firm pushed its AUM up to $136.7bn on the back of another quarter of robust fundraising.

Apollo converts to C-corp as it passes $300bn AUM mark

The firm is the latest in a string of private market money managers to make the change, citing an expected increase in its share liquidity.

Make way for the evergreen revolution

Demand for private debt is growing from the likes of mutual funds and retail investors, which need an alternative to closed-end funds.