Research & Data

Blackstone allies with transportation infrastructure firm ITE Management

BXCI makes a minority investment in the alternatives manager.

Placement Agent Ranking 2024: Private debt’s top external fundraisers

Probitas takes top spot amid a tough capital-raising environment in Private Debt Investor’s first Placement Agent Ranking.

Churchill closes $750m mid-market CLO

CLO demand remains strong globally, with several factors driving down spreads.

SSGA and Apollo’s public and private credit ETF finds regulatory scrutiny

As observers had anticipated, illiquid credit assets comprise no more than 15% of the fund’s assets.

Apollo to acquire Bridge, expand PE origination base

The purchase is set to close in Q3. The all-stock deal will add a manager with $50bn of AUM.

Fitch Ratings: Base case for risk is ‘fairly benign’

Uncertainties about inflation, a trade war and government debt remain worries.

Moody’s: Leveraged loan defaults rise to 7.6%, highest since 2020

In Q4, leveraged loans to sponsored companies accounted for $24bn, or two-thirds of the total.

NB Specialty Finance III holds final close on $1.6bn

Neuberger Berman fund exceeds its target and its precursor. Nearly half is already deployed.

JPMorgan files for multi-asset credit fund

The manager’s debut interval fund is geared to wealthy individuals and will invest primarily in debt securities issued by private companies.