Fund Managers

Despite discussions of declining investor demand for liquidity, both funds saw requests for double-digit amounts of shares to be tendered

Apollo’s $9bn minority equity deal with gas company Oneok may well divert more attention to these kinds of arrangements.

The use cases are rising as all players in the private credit ecosystem become more comfortable with NAV financing, maintain Dane Graham, Fokke Lucas and Emad Shahin, partners at 17Capital.

Aston Martin, makers of James Bond’s iconic car, creates a JCrew-style trapdoor – BlackRock is both beneficiary and casualty.

Hysteria in the business development company market has given way to a calmer search for liquidity options.

Our PEI Private Credit 200 ranking shows capital raising increasing overall – and accelerating especially fast for the largest fund managers.

The Texas-based firm said lower mid-market businesses in Europe are facing a significant funding gap.

The fund has already exceeded the total raised by its predecessor to provide senior loans to companies in the CEE region.

Houlihan Lokey’s paper offers the theory as Nvidia strikes deals with investment managers that illustrate the practice of AI infra buildout to the tune of $500bn.

Whether the trend is up or down – and by how much – depends on who’s counting and with what data.