The credit fund manager held a first close last month and aims to close the vehicle within a year.
2 min read · 18 February 2019
Jess Larsen of First Avenue charts the evolution from ‘idiosyncratic alpha’ to cost-efficient beta, and the impact this is having on fees.
4 min read · 15 February 2019
Mezzanine debt funds were the most popular private credit strategy in 2018, collecting more than $50bn, according to PDI data.
2 min read · 14 February 2019
Investors are not passive, but terms in the leveraged loan market are still weighted strongly against them.
2 min read · 14 February 2019
The fund will invest in a variety of credit strategies in the UK and globally targeting a return of up to 7%.
1 min read · 14 February 2019
Blackstone’s credit arm secures follow-on commitment from Asian insurer for its latest European fund after predecessor closed on €1.9bn.
2 min read · 11 February 2019
The US-headquartered firm’s initial vehicle posted better results in its $377m of senior debt investments than when also taking mezzanine positions into account.
2 min read · 07 February 2019
Apollo is in the vanguard of the trend as managers seek to lessen their reliance on drawdown vehicles.
2 min read · 07 February 2019
Credit shops have traditionally avoided the strategy, but innovative new opportunities are luring them to carve a niche for themselves
3 min read · 07 February 2019