Fund Management

Liquidity seekers might just need a different vehicle

While there appears to be investor support for greater convergence of public and private debt, fund structuring issues need to be resolved.

JPMorgan fuels fears of wider bank retreat

Private credit funds risk having fewer options for liquidity than before if other banks follow the Wall Street mainstay’s lead.

Cliffwater, Morgan Stanley cap redemptions as liquidity requests rise

Cliffwater and Morgan Stanley seek to reassure investors over the health of their funds’ portfolios, while JPMorgan limits lending activity to credit funds.

The AI route to improved underwriting

Traditional metrics may be usurped by new technology, a report suggests.

BDC redemptions – déjà vu all over again

We’ve seen this movie before, but that was before private credit became a household term.

Fairfax times the cycle with a bet on a manager intent on scaling its credit business

Kennedy Wilson has steadily built its real estate debt platform alongside its global equity presence ahead of its privatisation by the Canadian insurer.

Arcmont almost doubles size of previous capital solutions fund

The Nuveen affiliate has collected €1.5bn for the second version of the strategy, which targets complex credits.

Washington pension board expresses credit concern amid build-out

The CIO has reassured the board that the pension is ‘not in a hurry’ to add private credit exposure, despite planning a new programme for the asset class.

The increasing visibility of stress

The BDC market provides a window into more challenging conditions, while maturity walls may force restructurings.

How to unlock Asia-Pacific’s private credit potential

The banks have long had a stranglehold on the credit markets, but the role of private funds is becoming more influential, maintains Julien Thinat, head of distribution and credit solutions APAC, Societe Generale.