Fund Managers

Pemberton opens New York office to tap US investors

The new office is accompanied by four senior hires aimed at getting North American investors to invest in European credit.

Continuation vehicles are rewarding creativity

The CV is coming to private credit. Instead of lengthy workouts at the end of funds’ lifetimes, managers can simplify fundraising and give investors extra yield

Cracks emerging in BDC loans, mid-market issuers

Direct tariff exposure remains low, but second-order effects could prove troublesome.

Reports: Apollo, Goldman Sachs, JPMorgan form partnership to syndicate debt

Goldman Sachs and JPMorgan will serve as broker-dealers, keeping some debt on their balance sheet as well as leading third-party sales

HarbourVest report: Some LPs not taking a holistic approach to private debt

Investing sequentially, rather than simultaneously considering allocations in ABF and niche strategies, could be harming some LPs returns.

Franklin Templeton adds Apera to $87bn private credit arm

The deal will boost Franklin Templeton’s capability to invest in the European lower mid-market.

Oaktree hires senior AIA exec to lead APAC insurance coverage

The US private debt manager continues the global buildout of its insurance team with a view to managing more assets for clients in that segment.

Arena closes third special opps fund with over $1bn

With co-investments and other capital, the manager has beaten its billion-dollar target for the flagship strategy.

Hamilton Lane files for private credit interval fund

Hamilton Lane operates evergreen fund that are invested in stakes of mature private equity investments, private market secondaries and venture capital