North America

Fund performance indices hit the market

LSEG’s FTSE Russell teams up with StepStone, and Bloomberg takes on indices from Hamilton Lane.

Manulife’s asset management unit takes 75% stake in Comvest

Manulife | Comvest Credit Partners will have $18.4 billion in AUM, as Canadian insurer continues snapping up assets.

Apparent ABF fraud hits BlackRock’s HPS

The world’s largest asset manager and its recently acquired private credit business are among the victims of the alleged fraud by entities now in bankruptcy.

Bain Capital on bridging a stubborn bid-ask spread

A dislocation between soaring equity markets and economic fundamentals could yet prevent buyers and sellers coming together on price, says Bain Capital’s global head of private credit Michael Ewald.

SAIL Investments: The future of private credit is strategic

The next evolution of private credit is going global, becoming a source of capital that builds long-term strategic value and resilience in the real economy, according to SAIL Investments’ Johnny Brom.

Partners Group on making diversification a priority

Investors are increasingly turning to evergreen structures and bespoke mandates as they seek to diversify their private credit exposures, say Partners Group’s Lori Pomerantz and Andrew Bellis.

Five key themes from Private Debt Investor’s New York Forum

Attendees of this year’s event predict that asset-backed finance, artificial intelligence, the mid-market and secondaries will continue to capture LPs’ imagination.

Carlyle highlights insurance, secondaries and credit in Q3 earnings

The firm’s AlpInvest secondaries unit and private wealth help power its growth in AUM, while its private equity business shrank.