Fund seeks 90% plus exposure to private credit, and targets US wealth and institutional markets.
2 min read · 07 June 2024
Business development companies are expecting strong income and dividend coverage but there are also headwinds to contend with. PDI examines the views of two rating agencies.
4 min read · 04 June 2024
Bond rater says level 3 valuations vary only slightly and reasonably from one BDC to another.
3 min read · 28 May 2024
The manager’s deputy CIO for global credit, Justin Plouffe, will add direct lending to his responsibilities, as global credit becomes biggest segment.
2 min read · 04 March 2024
The manager took a loss for a quarter and year in which credit’s “momentum” made for a bright spot.
3 min read · 12 February 2024
The asset manager names Greg Olafson global head of private credit in its bid to double its $110bn platform.
3 min read · 13 December 2023
The Private Debt Investor BDC ranking looks at the biggest managers of business development companies in North America, with rankings for both public and private BDCs
1 min read · 01 December 2023
Centerbridge and Wells Fargo will form a BDC to target the more than 95% of the market not backed by private equity.
3 min read · 04 October 2023
Fasten your seat belts: it could be a bumpy ride, as high interest rates meet the need to deploy dry powder.
2 min read · 04 October 2023
OCredit is a perpetual non-traded BDC and will be open to individual investors as well as institutions.
2 min read · 03 October 2023