News & Analysis

Carlyle Global Credit posts record fee-related earnings as it expands ABF, insurance

Global Credit represents 43% of the company’s $465bn in AUM, helped by diversification beyond direct lending

17Capital on its $5.5bn fundraise: NAV lending growing with ‘adoption from the big names’

NAV loans are generally helping performing buyout funds, rather than those struggling with distributions, says partner Dane Graham.

Apollo’s credit unit drives record quarterly inflows and fee earnings

IG credit and ABF, as well as CLO management, part of the unit that represents 82% of AUM, contribute to the results.

Nuveen: The attractions of C-PACE for insurers, builders

The manager’s third vintage received $785m in commitments for the energy efficiency programme, which provides investors with long-duration income.

Australian Retirement Trust appoints first head of private credit and seeks UK head

A high-level investments team restructure has seen the fund create several new senior portfolio manager roles within its mid-risk investments function.

Post Road Group closes flagship debt fund and digital infra fund

The firm’s debt fund hit $525m, beating a target of $500m, while its structured equity fund closed on $500m.

Loan Note: Tikehau AUM up; new ruling on corporate veils

Tikehau has seen its assets under management bolstered by strong fundraising in private credit. A new court ruling could offer better certainty for lenders and prevent use of corporate veils.

Real estate debt remains strong as private debt fundraising falters

Private lenders are poised to snap up $1trn of CRE mortgages in the next three to five years, says Moody’s.

Credit specialist Crescent taps ex-17Cap partner to lead GP financing strategy

Gregory Hardiman, who previously co-led 17Capital’s US investment efforts, has been named managing director and head of GP-LP solutions at Crescent Capital.