Fund Management

Blue Owl reaches over $62bn in AUM in strong Q2 earnings

The firm, which was formed earlier this year, has been investing prolifically into the direct lending market.

Breakthrough fund reaches first close for Central Europe

CVI’s first institutional direct lending fund raised for the CEE region is making progress towards its eventual €300m target.

Morgan Stanley Investment Management holds final close on $1.6bn credit fund

North Haven Credit Partners III has exceeded its target by 29%, and will focus on junior capital investments in private North American businesses.

Ares Management’s net income nearly triples year-on-year in Q2

The Los Angeles-based manager had record results ‘across nearly every financial metric’.

Pemberton seeks partnerships with wealth managers

The firm is looking to provide wealth and asset managers’ clients with access to all of its private debt strategies.

Blackstone reaches deal to manage AIG assets

The manager has boosted its access to permanent capital, agreeing to pay $2.2bn for a 9.9% equity stake in the insurer’s life and retirement business.

How lenders are adapting to today’s favoured sectors

Those businesses that have emerged from the pandemic in the best shape may have particular financing requirements. Lenders are taking note.

Driving forward on ESG, but acceleration needed

Private debt managers have made considerable progress but, particularly in North America, there is more to be done.

Private debt warms up in the Middle East

Sovereign wealth interest is becoming apparent as one of the world’s nascent debt markets shows signs of growth.