Senior Debt

Dwight Scott, of GSO and Blackstone, retires

The retirement comes not quite a year after the industry veteran became chairman of Blackstone Credit and Insurance.

One LP’s concerns over systemic risk

In the latest Private Debt Investor Podcast, Raymond Wright of London CIV tells of his wariness around loans passing from regulated bank balance sheets to an unregulated market. But he has high hopes for the asset class in areas such as asset-based finance and secondaries.

TPG Next backs fledgling real estate credit shop

The fund has seeded a just-launched private debt strategy from an industry veteran.

Equita launches third credit vehicle as Fund II completes investments

The firm’s third fund will seek to raise €300m and expand its geographical footprint in Europe.

How Brookfield found a $6bn infra gap

PDI discusses the role of subordinated debt with Brookfield Asset Management’s infrastructure debt co-head Ian Simes.

Guggenheim closes on $1.2bn vehicle

The manager also announces the sale of its equity business to focus on core fixed income.

L&G offers private markets to 5.2m pension members

The move is the latest to offer private markets funds, including private credit, to a wider range of mass market investors.

Kartesia raises €1.8bn for second gen senior credit fund

The fund will continue its strategy of investing in lower mid-market companies in Europe.

Five key trends in the European debt market

Fundraising and deal volumes show signs of picking up after falling sharply in 2023.

Manulife IM targets APAC wealth channel with evergreen credit offering

Raising capital from wealthy individuals requires ‘a lot of support, a lot of handholding, a lot of guidance, a lot of education’, senior managing director Alex Catterick tells PDI.