Direct lending

The fund continues to seek additional capital to reach its $2.1bn target.

Kartesia backs Navori add-on, Patron Capital provides $219m for 123 Victoria Street and more…

Managing partner Rich Gammill says more than half of commitments came from repeat investors and the strategy no longer uses a placement agent.

The fund is thought to be approaching a final close with several LPs having confirmed their involvement.

Watch the recording of PEI Private Credit’s webcast, in which Standard Life’s Michela Bariletti, Carlyle’s Gary Jacovino and PEI Private Credit senior editor Andy Thomson discuss what will set managers apart in an increasingly competitive market.

The $1.3trn manager said that it has recorded record fundraising YTD as of 30 September.

NXT backs Runyon buyout, Ashgrove funds Fourthline and Veritas merger, and more…

Staff at the $420bn pension system are seeking to react more quickly to opportunities in the asset class.

In this podcast, Manulife | Comvest Credit Partners’ Greg Reynolds discusses how private credit firms can attract institutional capital in an increasingly saturated direct lending market.