Direct lending

The evergreen fund will invest in a broad range of alternative credit strategies.

The fund is the firm’s first debt vehicle dedicated to investing in companies that have the potential to drive efforts to achieve a low-carbon economy.

Lending against net asset values, or NAV, is proving a valuable source of liquidity and capital to private equity funds as they near the end of their investment period and move into the harvest period, says Pemberton’s Thomas Doyle.

Private debt has a key role to play in alleviating property shortfalls in Europe, say Arrow Global’s Mark Posniak and Maslow Capital’s Ellis Sher.

Direct lending has grown sharply and looks set to account for a far greater share of the leveraged finance market in coming years, says Craig Packer, co-president of Blue Owl Capital.

In a dynamic market, not all opportunities arrive at the same time, so it is critical to have capital and a flexible approach to pivot to where opportunity intersects capability, maintain Michelle Russell-Dowe and Nicholas Pont of Schroders Capital.

London has played a bigger part in Michael Carruthers’ life and career than he might have imagined.

The firm’s credit funds will follow a flexible strategy with close links to its private equity business.

Fundraising may have slowed, but US private debt still looks resilient.

Enterprise software is an attractive industry for private equity and offers real opportunity for direct lending, says Thoma Bravo’s Oliver Thym.