Opportunistic Credit

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

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.

Arini Capital Management’s Nabil Aquedim and Stan Fedorenko discuss the rapidly growing investment opportunity in offering flexible, tailored capital to fundamentally sound borrowers stuck with low interest rate-era structures.

There will be increased demand for opportunistic credit as M&A markets remain depressed, says Matt Teichner, managing director and head of credit opportunities at Golub Capital.

Industry observers think that number is in line with recent market growth, but some say scaling up could come at the expense of performance.

The evergreen fund will be available to both institutions and private wealth investors.

The number of private equity, private credit and infrastructure vehicles deemed ‘impaired’ by the SWF has risen 35% year-on-year.

PEI Group data shows that real estate, receivables, royalties and more have piqued the $6.8bn system’s interest.

Attendees and panelists at the New York Forum saw increased opportunity for the strategy.