Europe

LPs push for disclosure despite anti-ESG rhetoric

Engagement over ESG takes priority as fund managers try to balance the US and Europe divide.

Alternative Credit Council, EY: Private debt is a $3trn market

Survey of investors and managers points to interest in the asset class continuing to rise.

Bain Capital closes on special sits fund on $5.7bn

The latest fundraise beats its target and brings the second vintage of the strategy to $9bn.

Will UK pension reform help alternatives managers?

The UK government wants to beef up its pensions sector to compete with the biggest players from the US and Australia.

AshGrove hits hard-cap for fund II with €650m

The fund will continue the firm’s specialist focus on lending to B2B services and software companies.

Ares deploys $24.1bn from private credit strategies in Q3

Credit accounted for more than 80% of the manager’s deployment in the latest quarter.

AlbaCore appoints Gillam to lead senior direct lending fund

Gillam joins the firm from Goldman Sachs and will be responsible for growing its capabilities in senior direct lending.

Private debt transactions surge as M&A market reopens

Transaction volumes reach their highest level in Europe despite terms becoming more conservative.

KBRA sees a tension in the rating of feeder funds

New report from rater surveys the key legal features observed in rated transactions.

Goldman Sachs: LPs are significantly underweight to private debt

Survey shows a mixed bag in investor attitudes toward the asset class, though many intend to increase allocations