The Massachusetts pension fund is making an unstated commitment to a diversified property-type fund and a $60m private debt commitment to a European direct lending, niche lending or distressed debt fund.
2 min read · 21 October 2019
The vehicle, which is expected to be on the road slightly more than six months, offers a tiered fee structure allowing LPs that commit by year end to get the lowest charges.
2 min read · 17 October 2019
Taking fright at the vicissitudes of the public market and cognisant of the possibility of tougher times ahead, high-net-worth investors are increasing their exposure to private debt.
2 min read · 17 October 2019
The fund will focus on assisting 14 Italian companies to restructure and relaunch their businesses.
1 min read · 27 September 2019
From film scripts to life insurance policies to railway carriages, the world of speciality finance is one of the most diverse that investors can face. But it needs specialist knowledge to navigate it, according to Cambridge Associates managing director Tod Trabocco
5 min read · 25 September 2019
Aircraft require lots of finance and not all of it can be provided by the banks. But as institutional investor interest grows, valuations may be heading to unsustainable levels. John Bakie reports
5 min read · 23 September 2019
Lending to non-sponsored businesses or underbanked industries requires greater resources but can generate higher returns, say Robert O’Sullivan, Greg Reynolds and Jason Gelberd of Comvest Partners
6 min read · 02 September 2019
Returns on ILSs are declining, just as the global ambitions of firms issuing them are being boosted by new regulations in Asia, writes Adalla Kim
4 min read · 30 August 2019
A protracted cycle and fierce competition mean investors in private debt need to try and escape the crowds.
3 min read · 29 August 2019
Hidden behind the headlines about trade wars, a lesser-known but equally troubling lack of finance could damage supply chains. With bank lending hit by regulators, can private debt firms be the answer? John Bakie investigates
5 min read · 29 August 2019