Fund Management

Oaktree’s $16bn for a challenged market

Macroeconomic and geopolitical volatility is the backdrop for the fund manager’s fundraising haul. Are we now in an era of sustainable distressed dealflow?

The expanding role of private debt in upstream energy

There is a major opportunity for investors prepared to take the time to understand the industry, says Steve Hendrickson of Ralph E Davis Associates.

Arctos-backed Hayfin MBO represents ‘trillion-dollar’ opportunity

There are countless private markets firms that need a partner to help them grow in an era of scare alpha and capital, says Arctos managing partner Ian Charles.

Moody’s flags lack of standards in loan covenants

Ratings agency raises concerns about inconsistencies over leverage and portability rights.

Blurred asset class lines that challenge LPs

Apollo’s results announcement this week gave hints of further definitional challenges as private debt expands into new areas.

Fasanara embraces leverage

Founder Francesco Filia discusses the firm’s multi-strategy fund and new approach to opportunistic leverage.

Why Europe’s banking manoeuvres will be keenly watched

With calls for European banking consolidation growing, private debt managers will see both potential threats and opportunities.

Corinthia, with $5bn committed, looks to launch first fund by March

The London start-up looks to mid-market leveraged buyouts and receives SMA commitments.

Lenders expect more transactions in 2025

Deal numbers are already climbing, and a mixture of further bank disintermediation and changes in private equity sentiment are likely to lead to more transactions in 2025.

How might AI influence private debt investors and portfolios?

Viral Patel considers the wide range of changes that new technology might bring in its wake.