Fund Management

Oaktree’s Marks: ‘isolated issues’ but no systemic risk

The industry veteran doesn’t believe private credit will bring down the system, but some managers will struggle in a higher-rate environment, he told attendees at PEI Group’s NEXUS 2024 summit.

Direct lending head leaves Carlyle – internal memo

The manager’s deputy CIO for global credit, Justin Plouffe, will add direct lending to his responsibilities, as global credit becomes biggest segment.

Blackstone partners with Barclays in consumer credit deal

Barclays sells $1.1bn in credit card debt to Blackstone’s asset-based finance group in latest deal to reduce risk assets.

Regulators keep private debt on the straight and narrow

AIFMD II lays down some practical challenges for private debt fund managers. There may be a lot more of this type of intervention in future.

SBTi validation is becoming a must have

The initiative’s applicability to both GP and portfolio companies means it is emerging as a ‘gold standard’ in private markets.

Permira Credit chiefs reveal plans for growth in 2024

The firm’s new co-heads took over at the beginning of the year with plans for new products and geographies to expand the London-based manager’s debt footprint.

Holdco financing: The view from the UK

Alex Griffith and Natalia Quiroga Porkhoun take a look at some of the similarities and differences between holdo financing in the UK and US.

The numbers are good, but not the whole story

It’s a rewarding time to be invested in private debt, but no one should get too carried away by the hype around the asset class.

Carlyle launches evergreen credit strategy for individual investors

The new strategy will invest in deals alongside existing Carlyle funds in direct lending, opportunistic credit and real assets debt.

LP Perspectives 2024: A ‘brightening of the mood’

In the latest episode of the Private Debt Investor Podcast, Decalia’s Reji Vettasseri examines some of the key findings from our annual study of investor attitudes toward the asset class.