Fundraising

Nuveen: Non-investment grade infra credit can capitalise on mega-trends

Private infrastructure debt fundraising has been dwarfed by private infrastructure equity fundraising despite infrastructure projects being 60-80% debt financed. Nuveen’s Don Dimitrievich expects that to change.

Davis Polk & Wardwell: Maximising credit fundraising agility in a competitive environment

A holistic view of private credit funds’ strategies is increasingly important in a crowded fundraising and product development market, say Davis Polk & Wardwell’s Michael Hong, Christopher Healey and Luke Eldridge.

Churchill closes $750m mid-market CLO

CLO demand remains strong globally, with several factors driving down spreads.

Even at the top, fundraising is not easy

With scale becoming an ever more important feature of the private debt market, placement agents are faced with a challenging set of circumstances.

Tikehau adds to AUM with €1.2bn special opps fundraising

The third fund in the firm’s credit opps strategy held a final close as it announced its full-year results for 2024.

NB Specialty Finance III holds final close on $1.6bn

Neuberger Berman fund exceeds its target and its precursor. Nearly half is already deployed.

JPMorgan files for multi-asset credit fund

The manager’s debut interval fund is geared to wealthy individuals and will invest primarily in debt securities issued by private companies.

Morgan Stanley holds $3.2bn close on perpetual BDC

North Haven Private Income Fund, a specialty finance vehicle, has nearly 19,000 total investors.

Oaktree’s $16bn for a challenged market

Macroeconomic and geopolitical volatility is the backdrop for the fund manager’s fundraising haul. Are we now in an era of sustainable distressed dealflow?

Brookfield credit group’s consolidation plan delivers in 2024

The New York-based manager wants to more than double the size of its $317bn credit platform over the next few years.