News & Analysis

Generali and Partners Group launch credit secondaries fund

The joint venture is structured as a RAIF and will look to acquire mainly senior-secured direct lending stakes.

TPG, Temasek take minority stake in Cliffwater

TPG admires Cliffwater’s long-running status in the retail market through interval funds.

Yale sells up to $6bn of its PE portfolio amid federal funding challenge

The US university that pioneers the ‘endowment model’ is selling its PE investments in the secondaries market for the first time.

New Hampshire Retirement System commits $50m to direct lending fund

The public pension fund’s relationship with Comvest dates back to 2014, with a total of $190m of commitments to its funds.

Tariff turmoil raises the spectre of 2008

Monroe’s Koenig worries over possibility we’re seeing ‘a seminal moment’.

KBRA speaks of lender resilience in three reports

Companies with direct tariff exposure – those that must buy from global sources hit by tariffs – are the obvious candidates for debt default.

Blackstone still confident in investors’ interest in private capital

Manager expresses caution on tariffs, but notes private credit accounted for half of inflows.

Crayhill closes $1.3bn ABF fund

The fund seeks to monetise assets independently of a borrower’s overall performance.

Goldman external investing head: PE exit market has hit pause

The tariffs turmoil is exacerbating the trends and challenges facing private markets, creating a ‘fantastic time for secondaries’, says XIG global head Michael Brandmeyer.