Democratisation

KBRA warns 401(k) order could create a bubble of capital

But ratings agency calls the Trump initiative to democratise access to alternatives ‘profoundly fair’.

Neuberger Berman launches its first asset-based interval fund

NB Asset-Based Credit Fund is focused on receivables lending, consumer, small business and real asset sectors

Carlyle Global Credit posts record fee-related earnings as it expands ABF, insurance

Global Credit represents 43% of the company’s $465bn in AUM, helped by diversification beyond direct lending

Apollo’s credit unit drives record quarterly inflows and fee earnings

IG credit and ABF, as well as CLO management, part of the unit that represents 82% of AUM, contribute to the results.

Blue Owl, Voya partner to provide private investments to DC plans

The partnership mirrors a recent announcement from another retirement services provider that touched off regulatory scrutiny.

Fund structuring: Searching for liquidity among the evergreens

Opening private markets to individual investors has brought concerns about liquidity to the fore.

New credit intelligence platform aims to democratise credit analysis

The system has been launched by Martini.ai.

Capital Group, KKR receive SEC approval for retail credit funds

The funds join a growing list of credit funds seeking to tap the sizeable market for individual investors

Lincoln Financial taps Bain, Partners Group for private markets funds

Lincoln will partner with the managers to launch two evergreen funds to focus on global private credit and royalties.

Blackstone multi-asset credit fund receives SEC approval

Blackstone Private Multi-Asset Credit and Income Fund plans to give investors exposure across its entire platform.