Subordinated debt

The average time spend fundraising for credit fund strategies has generally risen during the 2020s.

The US private credit market puts in a strong performance despite market headwinds.

Even as the $40bn system deals with short-term underperformance, its pacing into the asset class is expected to increase in the coming years.

This week’s publication of our latest fund performance data was a reminder that strong returns can be made in troubled times.

DPI may primarily be seen as a private equity problem, but an expectation of timely returns means private credit is being held to an even higher standard.

The strategy’s fifth vintage, its largest, raises more than $10bn of investable capital.

We take an in-depth look at LP demand for private credit strategies, with several rising in popularity while others go out of favour.

The deal sees the existing minority shareholder take 80% of the European private credit business.

The growth partnership is meant to grow Ferghana Investment Partners’ hybrid capital platform.