Strategies

Blackstone, EQT Corp form $3.5bn joint venture

Manager will refinance $2.8bn of EQT’s debt and get an equity interest in the natural gas firm valued at $8.8bn

ATLAS SP names Carey Lathrop as CEO

The firm that Apollo acquired from Credit Suisse is focused on growth in ABF and warehouse financing.

Credit investing brings record quarterly origination volume for Apollo

Management fees and total inflows in Q3 were buoyed by growth in the credit unit.

Asset-backed finance, insurance power KKR’s credit division in Q3

Co-CEO Scott Nuttall sees ABF as a potentially $5trn-plus market for lenders.

Goldman Sachs: LPs are significantly underweight to private debt

Survey shows a mixed bag in investor attitudes toward the asset class, though many intend to increase allocations

Credit now Blackstone’s largest business

Credit’s $21.4bn in inflows accounted for over half of its total fundraising during the third quarter.

Debt’s evolution has fuelled growth, but may invite regulatory scrutiny – Moody’s

Tapping individual investors provides new sources of fundraising but also regulatory scrutiny, Moody’s warned in a report.

DOWNLOAD: Fundraising sees Q3 revival

Fundraising bounced back in Q3 with average fund size continuing to increase, according to the latest PDI Fundraising Report.