Democratisation

The hedge fund and activist investor says it will target public and private BDCs at 30% or more discounts to NAV.

Co-chief executives Marc Lipschultz and Doug Ostrover are no longer using company shares as collateral for personal loans.

Matthias Kirchgaessner examines retail redemption stress, institutional contagion channels and the broader repercussions for the private credit market.

MLEND will be available to clients of financial advisers through US-based RIA and broker-dealer networks

The moment alternatives managers have awaited for years is finally here – but the push for retail assets will not be as straightforward as some might assume.

The manager confirmed the OBDC and OBDC II merger is terminated and it will re-evaluate alternatives.

As part of the tie-up, Amundi will pick up a 9.9% stake in London-based ICG by June 2027.

The British GP has relocated a senior executive to lead the Singapore desk and added two staff to support him amid asset managers’ growing focus on targeting wealthy clients.

Fund structures are evolving to meet the evolving needs of LPs and the new wave of retailisation.

A wave of evergreen fund launches aimed at opening alternative asset classes to high-net-worth individuals means many are optimistic about the viability of retail investments.