News & Analysis

How will emerging managers fare in a consolidating market?

Competition for capital is fierce, but new firm formation is poised to continue nonetheless.

Creating the one-stop-shops of the future

Private markets M&A continues to gather pace as asset management mega-platforms attempt to meet all their investors’ needs.

Industry consolidation: New investor classes drive acquisitions and partnerships

The top force fuelling M&A among private markets managers is the ambition to become as relevant to private wealth and insurance money tomorrow as institutional capital today.

Brookfield’s Oaktree deal shows real estate private credit growth potential

The New York-based manager is aiming for growth – and the real estate credit capabilities of Oaktree are critical to that initiative.

Loan Note: BoE’s private debt concerns; AllianzGI’s Smid on the importance of data deep dives

Bank of England to conduct stress test on private credit. Plus: Allianz GI’s Marc Smid on the need for granular data; and Carlyle, Fortitude launch reinsurance sidecar. Here’s today’s brief for our valued subscribers only.

Oaktree launches evergreen credit fund geared to insurers – exclusive

The direct lending fund, which is said to eschew incentive fees, raised $2.35bn at first close.

Private debt secondaries luring LPs across the board

Investors from German insurer Munich Re to Lithuanian family office Willgrow are jumping into the nascent asset class or considering doing so.

Loan Note: ‘Exploding but under-penetrated’ secondaries; Blackstone’s latest senior hire

Secondaries on the up but with plenty of room for further growth. Plus: Munich panellists share First Brands thoughts; and Blackstone makes a key hire. Here’s today’s brief for our valued subscribers only.