Acquisition

Growing return potential in biopharmaceutical royalties, says Sagard exec

‘Even in an inflationary environment, we’re able to benefit from a returns perspective as a result of those prices increasing higher than we may have anticipated,’ Sagard’s Raja Manchanda said.

European unitranche activity steady in Q3

Debt funds continue to lead the market, says Houlihan Lokey’s midcap monitor.

Manulife’s asset management unit takes 75% stake in Comvest

Manulife | Comvest Credit Partners will have $18.4 billion in AUM, as Canadian insurer continues snapping up assets.

Brookfield’s Oaktree deal shows real estate private credit growth potential

The New York-based manager is aiming for growth – and the real estate credit capabilities of Oaktree are critical to that initiative.

KKR expects M&A revival to speed up credit market development

The relationship is coming into even closer focus now, given innovative financing structures, says influential newsletter.

Rithm Capital announces acquisition of Crestline Investors

Rithm expects credit synergies with its asset management platform, and gains insurance and reinsurance foothold

Brookfield adds latest partnership

PDI spoke to Brookfield’s Craig Noble about the manager’s acquisition of a majority stake in Angel Oak.

Apollo to acquire Bridge, expand PE origination base

The purchase is set to close in Q3. The all-stock deal will add a manager with $50bn of AUM.

Apollo subsidiary to acquire CLO manager Irradiant

Purchase will add $10.7bn of CLO assets to Redding Ridge, $2bn of private credit to Apollo.

Blackstone beats expectations, lauds private credit ‘juggernaut’

COO Gray says Blackstone’s non-investment-grade and real estate credit earned ‘extraordinary results’ amid robust investor interest.