The New York firm has raised the largest dedicated US real estate debt vehicle since the beginning of the pandemic.
3 min read · 11 January 2022
Banks are finding willing buyers in investors seeking higher-yielding assets.
4 min read · 19 November 2021
The fund surpassed its original target, and topped the previous record holder, a Goldman Sachs mezzanine fund, which raised $13bn in 2008.
2 min read · 16 November 2021
The firm’s second strategic credit vehicle is rumoured to be around 40% deployed with its predecessor now fully invested and delivering returns to LPs.
1 min read · 10 November 2021
The retail-focused REIT was drowning in more than $3.5bn of debt prior to its June bankruptcy filing.
3 min read · 03 November 2021
Traditional cycles may be a thing of the past – what matters is having the skills to take advantage of challenging situations.
2 min read · 07 October 2021
Were the Chinese property developer to default, it would be the high-yield market in the immediate firing line.
2 min read · 23 September 2021
The fund will take a stronger approach on ESG than its predecessor, including pricing incentives, to help businesses recover sustainably.
2 min read · 13 September 2021
Credit funds proved to be supportive partners to sponsors during the pandemic, and their ability to offer creative solutions is paying off as the economy recovers, say Kfir Abutbul, Bill Brady, Yousuf Dhamee and Jennifer Yount, partners at Paul Hastings.
7 min read · 01 September 2021
North American-focused funds recovered in the first half, following a difficult year.
1 min read · 31 August 2021