Fund Managers

CVC agrees $3.5bn credit and secondaries partnership with AIG

The deal will see the American insurer commit significant capital to private and liquid credit strategies.

KKR closes Asia credit fund with $2.5bn

The fund will follow its predecessor in backing performing credit opportunities driven by the region’s rapidly developing economy.

Senior debt fundraising falls from its peak

Our data for private credit capital raising by strategy shows investors once again diversifying their commitments rather than concentrating them.

Oaktree launches asset-backed credit interval fund

Fund targeting wealth platforms will work with extensive network of third-party originators to source investments.

Apollo’s Midcap gets ratings upgrade after $3.1bn debt issuance

The manager’s primary direct-origination platform’s senior unsecured notes and credit facility are now rated investment grade.

Benefit Street Partners holds $3bn final close for flagship real estate debt strategy

The firm reached its hard-cap for BSP Real Estate Opportunistic Debt Fund II with 29 months of time logged fundraising on the road.

Asian insurer AIA hires new investment consulting head

The appointee joins from rival firm FWD following the previous incumbent Phil Joubert’s move from AIA to Oaktree Capital Management last year.

Davidson Kempner closes on $1.1bn credit fund, beating target

Asset-backed strategy seeks to provide exposure to residential, corporate and hard asset-backed loans.

Barings launches Infrastructure CLO at $508m

Manager sees an inflection point for infra lending via CLOs that marks a turn away from the banks.