Fund Management

Blackstone hires private credit veterans for infra and asset-based group

The firm says the new partners will help fuel continued growth of its infra and asset-based credit platform.

Citigroup and Apollo form $25bn direct lending venture

Mubadala and Apollo’s Athene will be strategic partners in the enterprise, which focuses on below investment-grade deals.

What goes up must come down

With the interest rate environment once more the talk of the town, private debt will have to adjust to another new reality.

Powell, Barr and Oaktree on banks and Basel III

Amid the back-and-forth on the proposed banking rules, banks seem committed to a complete withdrawal from below investment grade lending.

Silver Point holds final close on $4.6bn credit fund

Opportunistic vehicle nearly triples the size of its precursor, and will invest in cyclically driven dislocations.

The uphill battle to revive the deal market

The M&A market is proving sluggish, meaning credit funds reliant on the private equity-sponsored arena are facing a challenge. Creativity is the way to respond.

Why evergreen funds are gaining attention in Europe

Evergreen vehicles are growing in popularity across alternative assets and in private debt in particular, say Proskauer’s Joshua Jones and James Oussedik.

Warburg Pincus closes inaugural debt fund on $4bn, double its target

The firm’s entry into private debt with a direct lending fund will target sponsored and non-sponsored companies.

Partners Group seeks to straddle ‘co-existing’ markets

Andrew Bellis, head of private debt at Partners Group, discusses the complementary nature of the broadly syndicated loan and private debt markets.

Private credit in Asia: The end of the Golden Age?

Credit is a huge market overall in Asia-Pacific but private debt represents only a small proportion. Andrew Schantz of Bain Capital outlines the opportunity ahead.